Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

Examples of Springfield SBA Loans

 

 
Loan Census SBA Loan Info

Bank Loans for Finfish Farming and Fish Hatcheries

Looking for bank loans for finfish farming and fish hatcheries? Try the SBA. This $25,000 finfish farming and fish hatcheries loan was issued by a Missouri bank.

This small firm knew how to go about getting a business bank loan. Based in Springfield, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Bancorpsouth Bank, based in Springfield, Missouri.

SBA Loan Borrower

COMPANY TYPE: ANIMAL AQUACULTURE
SPRINGFIELD, MO 65802

SBA Loan Lender

BANCORPSOUTH BANK
4039 S KANSAS EXPRESSWAY
SPRINGFIELD, MO 65807

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0273 - Animal Aquaculture

NAICS Code

112511 - Finfish Farming and Fish Hatcheries

Loan Approval Date

3/21/2002

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $21,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This SBA loan was for $25,000. How would you spend $25,000 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:

Alternative Financing

Best Springfield, Missouri Banks for Small Business

Missouri SBA Banks