Iowa Entrepreneur Secures Financing to Buy A-1 Concrete Leveling Franchise

Borrowing money to buy an A-1 Concrete Leveling franchise? Liberty Bank, Fsb has a history of making these loans and they are guaranteed by the SBA.

A-1 Concrete Leveling franchise loans are available to Ankeny, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Liberty Bank, Fsb, based in Coralville, Iowa, issued an SBA franchise loan for an A-1 Concrete Leveling franchise in 2007. We've got all the details on this Iowa small business loan.

SBA Loan Borrower

A-1 CONCRETE LEVELING
ANKENY, IA 50021

SBA Loan Lender

LIBERTY BANK, FSB
119 2ND ST, STE 100
CORALVILLE, IA 52241

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238110 - Poured Concrete Foundation and Structure Contractors

Loan Approval Date

3/8/2007

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an A-1 Concrete Leveling franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Alternative Financing

SBA Participating Banks in Coralville, Iowa

Getting an SBA Loan in Iowa