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May 11, 2024  
 
 
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How Hard Is It to Get a Small Business Loan in Versailles, Missouri?

 

 
Loan Census SBA Loan Info

Small Business Loans for Meat and Meat Product Merchant Wholesalers

With these small business loans for meat and meat product merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This meat and meat product merchant wholesalers loan for $15,000 was given to a Missouri entrepreneur in 2003.

This company knew how to go about getting a business bank loan. Based in Versailles, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Capital One, based in Mclean, Virginia.

SBA Loan Borrower

COMPANY TYPE: MEATS AND MEAT PRODUCTS
VERSAILLES, MO 65084

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

5147 - Meats and Meat Products

NAICS Code

424470 - Meat and Meat Product Merchant Wholesalers

Loan Approval Date

1/9/2003

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

Raising Venture Capital

SBA Participating Banks in Mclean, Virginia

Virginia SBA Banks