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May 13, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Clayton, Business Loans > The Business Bank Of St. Louis Clayton Business Loans > Administrative Management And General Management Consulting Services Loan | ||||
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St Louis, Missouri Bank Loan
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Administrative Management and General Management Consulting Services Bank LoansLooking for bank loans for administrative management and general management consulting services? An SBA loan may be just what you've been looking for. This $150,000 administrative management and general management consulting services loan was issued by a Missouri bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in St Louis, Missouri was able to borrow $150,000 from The Business Bank Of St. Louis. The SBA made the loan possible by guaranteeing $127,500 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES SBA Loan Lender THE BUSINESS BANK OF ST. LOUIS This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541611 - Administrative Management and General Management Consulting Services Loan Approval Date 3/2/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 11 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are raising money in St Louis MO, you ought to talk with a local St Louis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to St Louis businesses. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. The Business Bank Of St. Louis had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, The Business Bank Of St. Louis made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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 7A Lenders in Clayton, Missouri Browse All Business Loan Sources for Missouri
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