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April 29, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Springfield, Business Loans > Mid-Missouri Bank Springfield Business Loans > Repair Shops And Related Services Loan | ||||
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Mid-Missouri Bank Small Business Loan
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Commercial Loans for Building Equipment ContractorsWith these commercial loans for building equipment contractors, the SBA guarantees the lender that the loan will be repaid. This building equipment contractors loan for $50,000 was given to a Missouri entrepreneur in 2004. Getting a small business loan in Lebanon, Missouri was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Mid-Missouri Bank, operating out of Springfield, Missouri. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: REPAIR SHOPS AND RELATED SERVICES SBA Loan Lender MID-MISSOURI 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. SIC Code 7699 - Repair Shops and Related Services NAICS Code 238290 - Building Equipment Contractors Loan Approval Date 11/8/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Getting an SBA Loan For Your Business If you are working on finding money to start a business in Lebanon MO, you ought to talk with a local Lebanon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lebanon businesses. We can help you find the best banks for small businesses in Lebanon or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Obtaining Funding - Friends and Family SBA Banks in Springfield, Missouri
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