Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Missouri Bank & Trust Co. Prairie Village

 

 
Loan Census SBA Loan Info

SBA Loan from Missouri Bank & Trust Co. Helps Beer And Ale Merchant Wholesalers Company

Missouri Bank & Trust Co. has a track record as a leading provider of SBA loans. Find out how this Kansas entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Prairie Village, Kansas was able to borrow $45,000 from Missouri Bank & Trust Co.. The SBA made the loan possible by guaranteeing $22,500 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: BEER AND ALE MERCHANT WHOLESALERS
PRAIRIE VILLAGE, KS 66208

SBA Loan Lender

MISSOURI BANK & TRUST CO.
1044 MAIN ST
KANSAS CITY, MO 64105

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

424810 - Beer and Ale Merchant Wholesalers

Loan Approval Date

12/23/2004

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $22,500.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $45,000. How would you spend $45,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Business Cash Advances

Best Banks in Kansas City, Missouri

Where to Get an SBA Loan Missouri