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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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SBA Lenders That Lend to St. Louis Businesses
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Local Business Gets a Missouri Business LoanWant a Missouri business loan? This Missouri entrepreneur got a business loan, provided by a Missouri bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in St. Louis, Missouri by studying this loan to a local business, made back in 2001. Banks like Ups Capital Business Credit may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: PREPARED FEEDS & FEED INGREDIENTS FOR ANIMALS & FO SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This lender issued this small business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. 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 $1,050,000 Loan Approval from the SBA Of the total $1,050,000 loan amount, the SBA guaranteed $677,450. 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 20 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Determining Proper Capital Structure for a Business SBA 7A Banks in Saint Louis, Missouri Find an SBA Lender in Missouri
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