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May 12, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Springfield, Business Loans > Liberty Bank Springfield Business Loans > Homefurnishings Loan | ||||
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Raising Money in Ozark, Missouri With SBA Loans
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Liberty Bank Gives Small Business Loan to Homefurnishings CompanyMissouriSmall business loans are available to Missouri small business owners through the SBA. In this case, a Missouri bank provides the loan. Getting a small business loan in Ozark, Missouri was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Liberty Bank. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: HOMEFURNISHINGS SBA Loan Lender LIBERTY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5023 - Homefurnishings NAICS Code 442210 - Floor Covering Stores Loan Approval Date 11/16/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Family and Friend Investors - Your First Financiers Where to Get an SBA Loan in Springfield, Missouri
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