Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Money in Jefferson City, Missouri

 

 
Loan Census SBA Loan Info

Missouri Bank Loan Issued to Plumbing, Heating, And Air-Conditioning Contractors Company

Bank loans in Missouri are are few and far betweeen these days. We take a look at one Missouri bank loan, provided by a Missouri bank, that was approved by the SBA.

Getting a small business loan in Jefferson City, Missouri was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Exch National Bank - Jefferson City. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
JEFFERSON CITY, MO 65101

SBA Loan Lender

EXCH NATIONAL BANK - JEFFERSON CITY
132 E HIGH ST
JEFFERSON CITY, MO 65101

The lender provided this SBA 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

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

1/21/2004

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 2 employees. The loan application indicated that the funding would help generate 2 new jobs.

Next Steps for Getting an SBA Loan

If you need money to start business in Jefferson City MO, you ought to talk with a local Jefferson City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Jefferson City businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Business Incubators

Good Banks for Small Business in Jefferson City, Missouri

Getting a Business Loan in Missouri