Missouri Bank Loan Issued to Sawmills And Planing Mills, General Company
Small business loans in Missouri are hard to find these days. We take a look at one Missouri small business loan, provided by a Missouri bank, that was approved by the SBA.
You can learn something about getting a small business loan in Carrollton, Missouri by studying this loan to a local company, made back in 2002. Banks like Bank Of Weston may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: SAWMILLS AND PLANING MILLS, GENERAL
CARROLLTON, MO 64633
SBA Loan Lender
BANK OF WESTON
8800 NW 112TH ST
KANSAS CITY, MO 64153
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.
2421 - Sawmills and Planing Mills, General
113310 - Logging
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $225,000.
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 24 employees. The SBA loan documents did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Weston and they will explain how you can get an SBA loan for your company.
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.
SBA 7A Lenders in Kansas City, Missouri
SBA Participating Banks in Missouri