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May 10, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Jefferson City, Business Loans > The Central Trust Bank Jefferson City Business Loans > Automotive Body, Paint, And Interior Repair And Maintenance Loan | ||||
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MO Business Loan from The Central Trust Bank
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Business Loan from The Central Trust Bank Given to Automotive Body, Paint, And Interior Repair And Maintenance CompanyAn SBA loan from The Central Trust Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Hartsburg, Missouri business owner got a $7,500 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hartsburg, Missouri was able to borrow $7,500 from The Central Trust Bank. The SBA made the loan possible by guaranteeing $3,750 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE SBA Loan Lender THE CENTRAL TRUST BANK The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 811121 - Automotive Body, Paint, and Interior Repair and Maintenance Loan Approval Date 3/22/2005 Loan Approval Gross Amount $7,500 Loan Approval from the SBA Of the total $7,500 loan amount, the SBA guaranteed $3,750. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help create 2 new jobs. Next Steps for Getting an SBA Loan 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 source of funding. 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 The Central Trust 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: Best Jefferson City, Missouri Banks for Small Business Browse All Business Loan Sources for Missouri
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