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May 11, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Ann, Business Loans > Regions Bank Saint Ann Business Loans > Automotive Body, Paint, And Interior Repair And Maintenance Loan | ||||
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Regions Bank Saint Ann, Missouri
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Regions Bank SBA Loan to Automotive Body, Paint, And Interior Repair And Maintenance CompanyAn SBA loan from Regions Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Saint Ann, Missouri business owner got a $80,400 loan. Getting a small business loan in Saint Ann, Missouri was an essential business goal for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Regions Bank, operating out of Saint Ann, Missouri. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE SBA Loan Lender REGIONS BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 10/3/2003 Loan Approval Gross Amount $80,400 Loan Approval from the SBA Of the total $80,400 loan amount, the SBA guaranteed $68,340. 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 6 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Saint Ann 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: Find an SBA Lender in Saint Ann, Missouri
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