Raising Money for Motor Vehicle Supplies and New Parts Merchant Wholesalers
Looking for business loans for motor vehicle supplies and new parts merchant wholesalers? An SBA loan may be just what you've been looking for. This $32,500 motor vehicle supplies and new parts merchant wholesalers loan was issued by a Missouri bank.
This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First National Bank - Missouri, out of Blue Springs, Missouri. The loan was granted and they received $32,500 to help grow their Blue Springs, Missouri business.
SBA Loan Borrower
COMPANY TYPE: MOTOR VEHICLE SUPPLIES AND NEW PARTS MERCHANT WHOLESALERS
BLUE SPRINGS, MO 64014
SBA Loan Lender
FIRST NATIONAL BANK - MISSOURI
909 S 7 HWY
BLUE SPRINGS, MO 64014
This lender issued this particular SBA business 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
423120 - Motor Vehicle Supplies and New Parts Merchant Wholesalers
Loan Approval Date
4/5/2004
Loan Approval Gross Amount
$32,500
Loan Approval from the SBA
Of the total $32,500 loan amount, the SBA guaranteed $27,625.
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 documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $32,500 loan. Remember, if it to be, it is up to me!
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.
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