Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

What Does It Take to Get a Business Loan in Crane, Missouri?

 

 
Loan Census SBA Loan Info

Small Business Loans for Doll and Stuffed Toy Manufacturing

Looking for small business loans for doll and stuffed toy manufacturing? Try the SBA. This $75,000 doll and stuffed toy manufacturing loan was issued by a Missouri bank.

Getting a small business loan in Crane, Missouri was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First Home Savings Bank, operating out of Mountain Grove, Missouri. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: DOLLS AND STUFFED TOYS
CRANE, MO 65633

SBA Loan Lender

FIRST HOME SAVINGS BANK
142 E 1ST ST
MOUNTAIN GROVE, MO 65711

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3942 - Dolls and Stuffed Toys

NAICS Code

339931 - Doll and Stuffed Toy Manufacturing

Loan Approval Date

5/2/2003

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source

This SBA loan was for $75,000. How would you spend $75,000 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:

Raising VC Money for Social Networking Companies

SBA 7A Lenders in Mountain Grove, Missouri

Getting an SBA Loan in Missouri