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May 13, 2024  
 
 
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Missouri SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Kansas City, Missouri Lender Lends Money to Insurance Agencies And Brokerages Company

Want to talk with a Kansas City, Missouri bank about a small business loan? Here's one Missouri business loan, issued by a Kansas City bank, that was approved by the SBA.

Applying for an SBA loan with Commerce Bank worked out well for our friends at one local firm in Wentzville, Missouri. They received an SBA loan for $30,000. Great job!

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES
Wentzville, MO 63385

SBA Loan Lender

COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

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

NAICS Code

524210 - Insurance Agencies and Brokerages

Loan Approval Date

1/8/2007

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Wentzville MO, you ought to talk with a local Wentzville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wentzville businesses.

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:

The Art of Bootstrapping

SBA Banks in Kansas City, Missouri

Missouri SBA 7A Lenders