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May 11, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Document Preparation Services Loan | ||||
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How to Get SBA Loans in St Louis, Missouri
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Loans for Document Preparation ServicesLooking for loans for document preparation services? Talk to a banker who works with the SBA. This $125,000 document preparation services loan was issued by a Virginia bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in St Louis, Missouri was able to borrow $125,000 from Capital One. The SBA made the loan possible by guaranteeing $106,250 of this Missouri small business loan. SBA Loan Borrower COMPANY TYPE: DOCUMENT PREPARATION SERVICES SBA Loan Lender CAPITAL ONE This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561410 - Document Preparation Services Loan Approval Date 8/14/2003 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $106,250. 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 11 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $125,000. How would you spend $125,000 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: Obtaining Funding - How to Borrow Money SBA Approved Banks in Mclean, Virginia Find an SBA Lender in Virginia
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