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May 13, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > University City, Business Loans > Royal Banks Of Missouri University City Business Loans > Fabricated Structural Metal Loan | ||||
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SBA Lender Missouri
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Osage Beach, Missouri Business Gets SBA-Guaranteed Funding from Royal Banks Of MissouriAn SBA loan from Royal Banks Of Missouri typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Osage Beach, Missouri business owner got a $100,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Osage Beach, Missouri was able to borrow $100,000 from Royal Banks Of Missouri. The SBA made the loan possible by guaranteeing $50,000 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: FABRICATED STRUCTURAL METAL SBA Loan Lender ROYAL BANKS OF MISSOURI The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. SIC Code 3441 - Fabricated Structural Metal NAICS Code 332312 - Fabricated Structural Metal Manufacturing Loan Approval Date 11/30/2004 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 10 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 10 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a company in Osage Beach MO, you ought to talk with a local Osage Beach SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Osage Beach businesses. We can help you find the best banks for small businesses in Osage Beach or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA Participating Banks in University City, Missouri
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