[WEST PLAINS, MO] – Kyle Koehn, owner of H.B.K. Transport LLC, recently received a microloan through the Ozarks Small Business Incubator (OzSBI) Microloan Fund to start his new business located in Mountain View, MO. H.B.K Transport offers reliable, efficient and safe transport of general freight and other goods in order to help keep the economy moving. Koehn received a gap financing from OzSBI to cover the cost of insurance and necessary certifications in addition to traditional financing from West Plains Bank and Trust Company.
“It was my pleasure working with Kyle to get his new business off the ground,” said West Plains Bank and Trust Company Liberty Branch Market President Eric Wells. “Our bank believes strongly in supporting economic growth throughout the area by helping small businesses access the funds they need to create jobs, and keep goods and services moving”.
OzSBI’s Microloan Fund offers microloans of up to $50,000 to qualifying businesses in Douglas, Howell, Oregon, Ozark, Shannon, Texas and Wright counties and within the city limits of Mammoth Spring, AR. The goal of the program is to stimulate the local economy by providing startup and expansion loans to new and existing businesses. Microloans may be used as direct loans, seed capital, or “gap” financing combined with other lending. The application process is similar to a traditional bank loan application. The main qualifiers for consideration are good credit and a sound financial plan.
For more information about the Ozark Small Business Incubator microloan program, please visit www.ozsbi.com or call 417-256-9724.
