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April 27, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Louis, Business Loans > Southwest Bank Of St. Louis Saint Louis Business Loans > Marble Slab Creamery Loan | ||||
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Business Loans for Hazelwood Small Businesses
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Loan to Buy Marble Slab Creamery Franchise Issued By Southwest Bank Of St. LouisBorrowing money to invest in a Marble Slab Creamery franchise? Southwest Bank Of St. Louis has a history of making these loans and they are guaranteed by the SBA. Marble Slab Creamery franchise loans are available to Hazelwood, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Southwest Bank Of St. Louis, based in Saint Louis, Missouri, issued an SBA franchise loan for a Marble Slab Creamery franchise in 2003. We've got all the details on this Missouri small business loan. SBA Loan Borrower MARBLE SLAB CREAMERY SBA Loan Lender SOUTHWEST BANK OF ST. LOUIS This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 4/30/2003 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $168,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company had 28 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you are raising money in Hazelwood MO, you ought to talk with a local Hazelwood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hazelwood businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $225,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Who Lends Money to Small Businesses in Saint Louis, Missouri
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