Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

Clayton, Missouri SBA 7A Banks

 

 
Loan Census SBA Loan Info

Clayton, Missouri Lender Lends Money to Grocery Stores Company

Get SBA loans from a Clayton, Missouri bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Enterprise Bank & Trust is a Clayton, Missouri small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Kansas company.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
DESOTA, KS 66018

SBA Loan Lender

ENTERPRISE BANK & TRUST
150 N MERAMEC AVE
CLAYTON, MO 63105

This 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

5411 - Grocery Stores

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

3/23/2004

Loan Approval Gross Amount

$467,000

Loan Approval from the SBA

Of the total $467,000 loan amount, the SBA guaranteed $350,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 20 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 Enterprise Bank & Trust 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.

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