 |
 |
May 17, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Missouri Business Loan Sources > Kansas City, Business Loans > Umb Bank Kansas City Business Loans > Lawyers Loan | ||||
 |
||||
Banks Doing SBA Loans in Missouri
|
||||
 |
Kansas City, Missouri Bank Gives SBA Loan to Lawyers CompanyWant to talk with a Kansas City, Missouri bank about a business loan? Here's one Missouri business loan, issued by a Kansas City bank, that was approved by the SBA. Applying for an SBA loan with Umb Bank worked out well for our friends at one local business in Lee's Summit, Missouri. They got an SBA loan for $30,000. Nice! SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender UMB BANK This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541110 - Lawyers Loan Approval Date 6/22/2004 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $25,500. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We've showcased information on this loan to let you know that businesses like yours 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: SBA Banks in Kansas City, Missouri Browse All Business Loan Sources for Missouri
|
|
||
|
||||
|
|
||||