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May 3, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Springfield, Business Loans > Old Missouri National Bank Springfield Business Loans > Cowan Route 66 Service Station Loan | ||||
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Business Loans for Strafford Businesses
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Borrow Money to Buy a Conoco Service Station FranchiseBorrowing money to purchase a Conoco Service Station franchise? Old Missouri National Bank has a history of making these loans and they are guaranteed by the SBA. Conoco Service Station franchise loans are available to Strafford, Missouri entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Old Missouri National Bank, based in Springfield, Missouri, issued an SBA franchise loan for a Conoco Service Station franchise in 2000. We've got all the details on this Missouri small business loan. SBA Loan Borrower COWAN ROUTE 66 SERVICE STATION SBA Loan Lender OLD MISSOURI NATIONAL BANK This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores NAICS Code 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 11/3/2000 Loan Approval Gross Amount $446,800 Loan Approval from the SBA Of the total $446,800 loan amount, the SBA guaranteed $335,100. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Conoco Service Station franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Strafford or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Banking Deregulation's Effects on Entrepreneurship SBA Banks in Springfield, Missouri
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