Business Loans for Wood Television, Radio, and Sewing Machine Cabinet Manufacturing

With these business loans for wood television, radio, and sewing machine cabinet manufacturing, the SBA guarantees the lender that the loan will be repaid. This wood television, radio, and sewing machine cabinet manufacturing loan for $237,500 was given to a Missouri entrepreneur in 2007.

Getting a small business loan in Appleton City, Missouri was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from St. Clair County State Bank, operating out of Osceola, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: WOOD TELEVISION, RADIO, AND SEWING MACHINE CABINET MANUFACTURING
APPLETON CITY, MO 64724

SBA Loan Lender

ST. CLAIR COUNTY STATE BANK
680 SECOND ST
OSCEOLA, MO 64776

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

337129 - Wood Television, Radio, and Sewing Machine Cabinet Manufacturing

Loan Approval Date

5/10/2007

Loan Approval Gross Amount

$237,500

Loan Approval from the SBA

Of the total $237,500 loan amount, the SBA guaranteed $178,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $237,500 loan. Remember, if it to be, it is up to me!

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.

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