Loan Census Banking News and Information
May 16, 2024  
 
 
  Business Loan Information  
 

I Need Commercial Loans in Berger, Missouri

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Wineries

With these bank loans for wineries, the SBA guarantees the lender that the loan will be repaid. This wineries loan for $670,000 was given to a Missouri entrepreneur in 2004.

This company knew how to go about getting a business bank loan. Based in Berger, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bank Of Louisiana, based in Louisiana, Missouri.

SBA Loan Borrower

COMPANY TYPE: WINERIES
BERGER, MO 63014

SBA Loan Lender

BANK OF LOUISIANA
101 S THIRD ST
LOUISIANA, MO 63353

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

312130 - Wineries

Loan Approval Date

7/19/2004

Loan Approval Gross Amount

$670,000

Loan Approval from the SBA

Of the total $670,000 loan amount, the SBA guaranteed $502,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Obtaining Funding - How to Borrow Money

Good Banks for Small Business in Louisiana, Missouri

Getting a Business Loan in Missouri