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May 18, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Charleston, Business Loans > Focus Bank Charleston Business Loans > Convenience Stores Loan | ||||
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Charleston, Missouri SBA Banks
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Charleston, Missouri Lender Lends Money to Convenience Stores CompanyThinking about meeting with a Charleston, Missouri bank about a small business loan? Here's one Missouri business loan, issued by a Charleston bank, that was approved by the SBA. Applying for an SBA loan with Focus Bank worked out well for our friends at one local firm in Charleston, Missouri. The business was able to get an SBA loan for $150,000. Awesome! SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender FOCUS BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445120 - Convenience Stores Loan Approval Date 7/30/2006 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. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This SBA loan was for $150,000. How would you spend $150,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks for Small Business in Charleston, Missouri
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