Raising Money for Motor Vehicle Supplies and New Parts Merchant Wholesalers

Looking for business loans for motor vehicle supplies and new parts merchant wholesalers? Talk to a banker who works with the SBA. This $10,100 motor vehicle supplies and new parts merchant wholesalers loan was issued by a Missouri bank.

This small business knew how to go about getting a business bank loan. Based in Blue Springs, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was First National Bank - Missouri, based in Lee's Summit, Missouri.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE SUPPLIES AND NEW PARTS MERCHANT WHOLESALERS
BLUE SPRINGS, MO 64014

SBA Loan Lender

FIRST NATIONAL BANK - MISSOURI
609 N M-291 HWY
LEE'S SUMMIT, MO 64086

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

423120 - Motor Vehicle Supplies and New Parts Merchant Wholesalers

Loan Approval Date

1/25/2008

Loan Approval Gross Amount

$10,100

Loan Approval from the SBA

Of the total $10,100 loan amount, the SBA guaranteed $5,050.

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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

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

We can help you find the best banks for small businesses in Blue Springs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Business Incubators

SBA Approved Banks in Lee's Summit, Missouri

SBA Lenders in Missouri