Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Bolivar, Missouri SBA Lenders

 

 
Loan Census SBA Loan Info

Bolivar, Missouri Lender Lends Money to Service Establishment Equipment And Supplies Company

A Bolivar, Missouri business loan can be yours. Learn how one firm got a $100,000 business loan from this Missouri bank.

This loan to an entrepreneur is a good example of an SBA loan. Bank Of Bolivar made the loan and the SBA guaranteed a portion of the loan. Many other Missouri entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES
BOLIVAR, MO 65613

SBA Loan Lender

BANK OF BOLIVAR
495 S SPRINGFIELD AVE
BOLIVAR, MO 65613

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5087 - Service Establishment Equipment and Supplies

NAICS Code

422210 - Drugs and Druggists' Sundries Wholesalers

Loan Approval Date

1/9/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 22 employees. The SBA loan application for the borrower did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Angel Investors

SBA Participating Banks in Bolivar, Missouri

Getting an SBA Loan in Missouri