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May 7, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Lee's Summit, Business Loans > Summit Bank Of Kansas City Lee's Summit Business Loans > Vending Machine Operators Loan | ||||
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Best Banks for Parkville, Missouri Businesses
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Raising Money for Vending Machine OperatorsWith these business loans for vending machine operators, the SBA guarantees the lender that the loan will be repaid. This vending machine operators loan for $225,000 was given to a Missouri entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Parkville, Missouri was able to borrow $225,000 from Summit Bank Of Kansas City. The SBA made the loan possible by guaranteeing $168,750 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: VENDING MACHINE OPERATORS SBA Loan Lender SUMMIT BANK OF KANSAS CITY This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454210 - Vending Machine Operators Loan Approval Date 5/18/2007 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $168,750. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Parkville 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: Microlending as a Small Business Funding Source Who Lends Money to Small Businesses in Lee's Summit, Missouri
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