Appleton City, Missouri Bank Lends Money to Landscaping Services Company in Osceola, Missouri

Get to know Appleton City, Missouri banks that specialize in business loans and know how to work with entrepreneurs. St. Clair County State Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Osceola, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from St. Clair County State Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
OSCEOLA, MO 64776

SBA Loan Lender

ST. CLAIR COUNTY STATE BANK
118 E 4TH ST
APPLETON CITY, MO 64724

This commercial 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.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

6/12/2007

Loan Approval Gross Amount

$1,247,000

Loan Approval from the SBA

Of the total $1,247,000 loan amount, the SBA guaranteed $935,250.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 70 employees. This SBA loan request indicated that the loan would help generate 70 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Osceola 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:

The Friends and Family Network

Where to Get an SBA Loan in Appleton City, Missouri

Missouri SBA 7A Banks