Thousands of businesses have benefitted from the SBA’s backing — yours can too. Let us help guide you through the process.

Key Features

Competitive rates

Competitive rates

Flexible terms

Flexible terms

Local processing

Local processing

An SBA loan is a long-term, low-interest small business loan partially guaranteed by the U.S. Small Business Administration. With SBA loans, you can borrow money for nearly any business purpose—including adding to working capital, purchasing inventory or equipment, refinancing other debts, buying real estate, or even funding the acquisition of other businesses. Belgrade State Bank has years of experience with SBA Loans, and many awards from the SBA for the large loan volume that we close each year. For more information, contact Shawn Braswell at shawnb@belgradestatebank.com or by calling 573-664-7004.

  • Designed for the needs of small businesses looking to:
    • Purchase an existing business
    • Acquire land or a building
    • Expand to another location
    • Buy equipment
  • Available in loan amounts up to $5 million
  • Backed by the U.S. Small Business Administration (SBA)
  • Loan terms from 7 to 25 years
  • Affordable payment plans
  • Easy to apply
  • Competitive rates
  • Flexible terms
  • Loans are fully amortized
  • No prepayment penalties on loans less than 15 years in length
  • Decision-making and processing handled right here in Southeast Missouri
  • Personalized service every step of the way
  • Designed for the needs of small businesses looking to:
    • Expand through land or building acquisition
    • Undergo construction
    • Acquire major equipment/machinery
  • Available in loan amounts up to $12.5 million
  • Backed by the U.S. Small Business Administration (SBA)
  • Loan terms up to 30 years
  • Affordable payment plans
  • Easy to apply
  • Competitive rates
  • Flexible terms
  • Loans are fully amortized
  • Quick, local decision-making and processing
  • Attentive, friendly service from start to finish
 

SBA 7(A)

SBA 504

Loan Type

Term Note

Term Note

Best Used For

Purchase land or buildings, expand/renovate/construct buildings, purchase equipment, fixtures, lease hold improvements, inventory, working capital, and refinance of loans used initially for any of the above.

Purchase long term fixed asset such as commercial real estate or large piece of equipment.

Maturity

5-10 years for working capital and equipment, 25 years for real estate.

10 or 20-year term.

Maximum Loan Amount

$5 million

SBA loan $5.5 million, no project maximum

Interest Rate Options

Variable or Fixed

Fixed

Collateral Requirements

No minimum collateral requirements, commercial real estate must be a minimum of 51% owner occupied.

90% of project value related to property purchased, commercial real estate must be a minimum of 51% owner occupied.

 

View a comparison chart of SBA Loan Guaranty Programs (PDF) at SBA.gov.

View our Borrower Data Sheet and Guaranteed Loan Checklist (PDF).

Note: We use these documents on every transaction we complete. They are interactive, so a borrower can enter information into the forms, and email to a loan officer.