Loan Census Banking News and Information
April 6, 2020  
  Business Loan Information  

Raising Money in Carrollton, Missouri With SBA Loans


Loan Census SBA Loan Info

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


SBA Loan Lender

8800 NW 112TH ST

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.

SIC Code

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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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:

Attracting Investors

SBA 7A Lenders in Kansas City, Missouri

SBA Participating Banks in Missouri