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May 10, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Iron Foundries Loan | ||||
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Small Business Banks for Polo Entrepreneurs
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Firm Gets a Missouri Bank LoanWant a Missouri small business loan? This Missouri entrepreneur got a small business loan, provided by a Virginia bank that works with the SBA to help small business owners. Getting a small business loan in Polo, Missouri was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Capital One. Here are the details on this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: IRON FOUNDRIES SBA Loan Lender CAPITAL ONE This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 331511 - Iron Foundries Loan Approval Date 12/19/2006 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. 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 10 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 10 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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:
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