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May 3, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Saint Louis, Business Loans > Ups Capital Business Credit Saint Louis Business Loans > Prepared Feeds & Feed Ingredients For Animals & Fo Loan | ||||
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Saint Louis SBA Lenders
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Entrepreneur Works With Saint Louis, Missouri Bank to Get an SBA LoanThinking about meeting with a Saint Louis, Missouri bank about an SBA loan? Here's one Missouri business loan, issued by a Saint Louis bank, that was approved by the SBA. Applying for an SBA loan with Ups Capital Business Credit worked out well for our friends at one local company in St. Louis, Missouri. The business was able to get an SBA loan for $430,000. Awesome! SBA Loan Borrower COMPANY TYPE: PREPARED FEEDS & FEED INGREDIENTS FOR ANIMALS & FO SBA Loan Lender UPS CAPITAL BUSINESS CREDIT The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2048 - Prepared Feeds & Feed Ingredients for Animals & Fo NAICS Code 311119 - Animal Food Manufacturing Loan Approval Date 3/20/2001 Loan Approval Gross Amount $430,000 Loan Approval from the SBA Of the total $430,000 loan amount, the SBA guaranteed $322,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 15 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new 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. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $430,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Best Saint Louis, Missouri Banks for Small Business
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