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May 12, 2024  
 
 
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Raising Money in Chesterfield, Missouri With SBA Loans

 

 
Loan Census SBA Loan Info

Southwest Bank Of St. Louis Provides SBA Loan to Buy Meineke Discount Muffler Franchise

Need money to purchase a Meineke Discount Muffler franchise? Southwest Bank Of St. Louis has a history of making these loans and they are guaranteed by the SBA.

If you live near Chesterfield, Missouri and are interested in buying a Meineke Discount Muffler franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2003 by Southwest Bank Of St. Louis. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

SHAMROCK ENTERPRISES LTD
CHESTERFIELD, MO 63005

SBA Loan Lender

SOUTHWEST BANK OF ST. LOUIS
2301 S KINGSHIGHWAY BLVD
SAINT LOUIS, MO 63110

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811111 - General Automotive Repair

Loan Approval Date

11/13/2003

Loan Approval Gross Amount

$235,500

Loan Approval from the SBA

Of the total $235,500 loan amount, the SBA guaranteed $176,625.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Meineke Discount Muffler franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help generate 13 new jobs and retain 12 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

This SBA loan was for $235,500. How would you spend $235,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Meineke Car Care Centers

Business Incubators

Who Lends Money to Small Businesses in Saint Louis, Missouri

Getting an SBA Loan in Missouri