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May 13, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Nixa, Business Loans > Peoples Bank Of The Ozarks Nixa Business Loans > Electric Housewares And Fans Loan | ||||
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Missouri Business Loans from Peoples Bank Of The Ozarks
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Business Loan from Peoples Bank Of The Ozarks Given to Electric Housewares And Fans CompanyPeoples Bank Of The Ozarks and the SBA work together to get business loans for growing small businesses. Here's an example of how a Missouri entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Nixa, Missouri was an essential business goal for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Peoples Bank Of The Ozarks, operating out of Nixa, Missouri. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: ELECTRIC HOUSEWARES AND FANS SBA Loan Lender PEOPLES BANK OF THE OZARKS This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3634 - Electric Housewares and Fans NAICS Code 335211 - Electric Housewares and Household Fan Manufacturing Loan Approval Date 6/14/2004 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. 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 3 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are raising money in Nixa MO, you ought to talk with a local Nixa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Nixa businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $130,000 loan. Remember, anyone can do it... so why not you? 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: Find an SBA Lender in Nixa, Missouri
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