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April 28, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Creve Coeur, Business Loans > First Bank Creve Coeur Business Loans > Service Establishment Equipment And Supplies Loan | ||||
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Missouri Bank SBA Loans
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First Bank SBA Loan to Service Establishment Equipment And Supplies CompanyLooking to get a Missouri small business loan? Here's one Missouri business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ellisville, Missouri was able to borrow $50,000 from First Bank. The SBA made the loan possible by guaranteeing $45,000 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: SERVICE ESTABLISHMENT EQUIPMENT AND SUPPLIES SBA Loan Lender FIRST BANK This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5087 - Service Establishment Equipment and Supplies Loan Approval Date 9/21/2000 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $45,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: How Much Venture Capital Is There? SBA 7A Banks in Creve Coeur, Missouri
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