Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Bank Of Urbana

 

 
Loan Census SBA Loan Info

Bank Of Urbana SBA Loan to Gasoline Stations With Convenience Stores Company

An SBA loan from Bank Of Urbana typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Long Lane, Missouri business owner got a $30,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Long Lane, Missouri was able to borrow $30,000 from Bank Of Urbana. The SBA made the loan possible by guaranteeing $15,000 of this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
LONG LANE, MO 65590

SBA Loan Lender

BANK OF URBANA
109 N MAIN ST
URBANA, MO 65767

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

5/19/2005

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 3 employees. The loan application indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

Raising VC Money for Social Networking Companies

Small Bank Loans in Urbana, Missouri

SBA Missouri Banks