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May 2, 2024  
 
 
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How Hard Is It to Get a Small Business Loan in Monett, Missouri?

 

 
Loan Census SBA Loan Info

Where to Get Capital for Plumbing, Heating, and Air-Conditioning Contractors

With these small business loans for plumbing, heating, and air-conditioning contractors, the SBA guarantees the lender that the loan will be repaid. This plumbing, heating, and air-conditioning contractors loan for $255,000 was given to a Missouri entrepreneur in 2006.

This company knew how to go about getting a business bank loan. Based in Monett, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Umb Bank, based in Kansas City, Missouri.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
MONETT, MO 65708

SBA Loan Lender

UMB BANK
1010 GRAND BLVD
KANSAS CITY, MO 64106

This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

8/21/2006

Loan Approval Gross Amount

$255,000

Loan Approval from the SBA

Of the total $255,000 loan amount, the SBA guaranteed $191,250.

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 5 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Monett MO, you ought to talk with a local Monett SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Monett businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Debt Financing

Banks in Kansas City, Missouri

Missouri SBA 7A Banks