Loan Census Banking News and Information
May 12, 2024  
 
 
  Business Loan Information  
 

SBA Lender Saint Louis, Missouri

 

 
Loan Census SBA Loan Info

Southwest Bank Of St. Louis SBA Loan to Gasoline Stations With Convenience Stores Company

An SBA loan from Southwest Bank Of St. Louis typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Saint Louis, Missouri business owner got a $100,000 loan.

This business knew how to go about getting a business bank loan. Based in Saint Louis, Missouri, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Southwest Bank Of St. Louis, based in Saint Louis, Missouri.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
SAINT LOUIS, MO 63136

SBA Loan Lender

SOUTHWEST BANK OF ST. LOUIS
2301 S KINGSHIGHWAY BLVD
SAINT LOUIS, MO 63110

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

6/17/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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 Saint Louis 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:

How Much Venture Capital Is There?

SBA Participating Banks in Saint Louis, Missouri

Missouri SBA 7A Lenders