Loan Census Banking News and Information
May 13, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Springfield, Missouri Small Business Owners

 

 
Loan Census SBA Loan Info

Loans for Graphic Design Services

Looking for loans for graphic design services? Talk to a banker who works with the SBA. This $188,800 graphic design services loan was issued by a Missouri bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Commerce Bank, out of Kansas City, Missouri. The loan was granted and they received $188,800 to help grow their Springfield, Missouri business.

SBA Loan Borrower

COMPANY TYPE: GRAPHIC DESIGN SERVICES
SPRINGFIELD, MO 65806

SBA Loan Lender

COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

541430 - Graphic Design Services

Loan Approval Date

6/29/2007

Loan Approval Gross Amount

$188,800

Loan Approval from the SBA

Of the total $188,800 loan amount, the SBA guaranteed $94,400.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Commerce Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Equity Financing

Small Bank Loans in Kansas City, Missouri

Getting an SBA Loan in Missouri