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May 12, 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 > Equipment Rental And Leasing Loan | ||||
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SBA Lender Nixa Missouri
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Peoples Bank Of The Ozarks Gives SBA Loan to Equipment Rental And Leasing CompanyLooking to get a Missouri business loan? This Missouri entrepreneur got a business loan, provided by a Missouri bank that works with the SBA to help small business owners. By giving the right information to Peoples Bank Of The Ozarks, this Nixa, Missouri business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: EQUIPMENT RENTAL AND LEASING SBA Loan Lender PEOPLES BANK OF THE OZARKS This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7359 - Equipment Rental and Leasing NAICS Code 532310 - General Rental Centers Loan Approval Date 9/26/2003 Loan Approval Gross Amount $189,700 Loan Approval from the SBA Of the total $189,700 loan amount, the SBA guaranteed $142,275. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds 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. If you need emergency money for small businesses, 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: SBA Participating Banks in Nixa, Missouri
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