Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

Best Banks That Lend to Missouri Entrepreneurs

 

 
Loan Census SBA Loan Info

Bank Of Urbana Gives Business Loan to Trucking Company

Looking to get a Missouri bank loan? This Missouri entrepreneur got a bank loan, provided by a Missouri bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Long Lane, Missouri by studying this loan to a local company, made back in 2003. Banks like Bank Of Urbana may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: TRUCKING
LONG LANE, MO 65590

SBA Loan Lender

BANK OF URBANA
109 N MAIN ST
URBANA, MO 65767

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

4213 - Trucking

NAICS Code

484121 - General Long-Distance Freight Trucking

Loan Approval Date

12/16/2003

Loan Approval Gross Amount

$7,700

Loan Approval from the SBA

Of the total $7,700 loan amount, the SBA guaranteed $3,850.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 indicated that the funding would help generate 1 new job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

How Equity Dilution Works

Small Bank Loans in Urbana, Missouri

SBA Missouri Lenders