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May 12, 2024  
 
 
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Loan Census SBA Loan Info

Entrepreneur Works With Nixa, Missouri Bank to Get an SBA Loan

Find Nixa, Missouri banks that specialize in small business loans and know how to work with entrepreneurs. Peoples Bank Of The Ozarks is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Nixa, Missouri starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Peoples Bank Of The Ozarks. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: DISINFECTING AND PEST CONTROL SERVICES
NIXA, MO 65714

SBA Loan Lender

PEOPLES BANK OF THE OZARKS
305 W MT VERNON
NIXA, MO 65714

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7342 - Disinfecting and Pest Control Services

NAICS Code

561710 - Exterminating and Pest Control Services

Loan Approval Date

4/30/2003

Loan Approval Gross Amount

$24,000

Loan Approval from the SBA

Of the total $24,000 loan amount, the SBA guaranteed $20,400.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Peoples Bank Of The Ozarks so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Banking Deregulation's Effects on Entrepreneurship

Good Banks for Small Business in Nixa, Missouri

SBA Lenders in Missouri