Raising Money for Electrical Contractors and Wiring Installation Contractors
Looking for business loans for electrical contractors and wiring installation contractors? Talk to a banker who works with the SBA. This $104,500 electrical contractors and wiring installation contractors loan was issued by a Missouri bank.
This business knew how to go about getting a business bank loan. Based in Brunswick, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Regional Missouri Bank, based in Marceline, Missouri.
SBA Loan Borrower
COMPANY TYPE: ELECTRICAL CONTRACTORS AND WIRING INSTALLATION CONTRACTORS
BRUNSWICK, MO 65236
SBA Loan Lender
REGIONAL MISSOURI BANK
1201 SOUTH MISSOURI
MARCELINE, MO 64658
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
238210 - Electrical Contractors and Wiring Installation Contractors
Loan Approval Date
8/19/2003
Loan Approval Gross Amount
$104,500
Loan Approval from the SBA
Of the total $104,500 loan amount, the SBA guaranteed $88,825.
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 application for the borrower did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Financing Your Business
Find an SBA Lender in Marceline, Missouri
Missouri SBA Banks