Get an SBA Loan for Bed-and-Breakfast Inns
With these small business loans for bed-and-breakfast inns, the SBA guarantees the lender that the loan will be repaid. This bed-and-breakfast inns loan for $20,000 was given to a Missouri entrepreneur in 2001.
Getting a small business loan in Weston, Missouri was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Country Club Bank, operating out of Shawnee Mission, Kansas. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: BED-AND-BREAKFAST INNS
WESTON, MO 64098
SBA Loan Lender
COUNTRY CLUB BANK
9400 MISSION RD
SHAWNEE MISSION, KS 66206
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721191 - Bed-and-Breakfast Inns
Loan Approval Date
1/18/2001
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $17,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Country Club Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Country Club Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
504 Loans
Find an SBA Lender in Shawnee Mission, Kansas
Getting a Business Loan in Kansas