Commerce Bank SBA Loan to Trucking Company
Looking to get a Missouri small business loan? Here's one Missouri business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Gladstone (linden), Missouri, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Commerce Bank, based in Kansas City, Missouri.
SBA Loan Borrower
COMPANY TYPE: TRUCKING
GLADSTONE (LINDEN), MO 64118
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
4213 - Trucking
Loan Approval Date
3/6/2000
Loan Approval Gross Amount
$67,000
Loan Approval from the SBA
Of the total $67,000 loan amount, the SBA guaranteed $33,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to raise money for a company in Gladstone (linden) MO, you ought to talk with a local Gladstone (linden) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Gladstone (linden) businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Commerce Bank and they will explain how you can get an SBA loan for your company.
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:
Financing Your Business
Good Banks for Small Business in Kansas City, Missouri
SBA Missouri Banks