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May 18, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Bowling Green, Business Loans > Cbc Bank Bowling Green Business Loans > Mobile Home Dealers Loan | ||||
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How to Get SBA Loans in Moscow Mills, Missouri
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Loans for Manufactured Home DealersWith these loans for manufactured home dealers, the SBA guarantees the lender that the loan will be repaid. This manufactured home dealers loan for $540,000 was given to a Missouri entrepreneur in 2002. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Moscow Mills, Missouri was able to borrow $540,000 from Cbc Bank. The SBA made the loan possible by guaranteeing $405,000 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: MOBILE HOME DEALERS SBA Loan Lender CBC BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5271 - Mobile Home Dealers NAICS Code 453930 - Manufactured Home Dealers Loan Approval Date 2/15/2002 Loan Approval Gross Amount $540,000 Loan Approval from the SBA Of the total $540,000 loan amount, the SBA guaranteed $405,000. 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 4 employees. The SBA loan documents did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Cbc Bank and they will explain how you can get an SBA loan for your company. 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 Much Venture Capital Is There? SBA Participating Banks in Bowling Green, Missouri
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