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November 22, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Clinton, Business Loans > Citizens First Bank Clinton Business Loans > Optometrists Loan | ||||
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Bettendorf, Iowa Bank Loan
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Optometrists Small Business LoansWith these small business loans for optometrists, the SBA guarantees the lender that the loan will be repaid. This optometrists loan for $225,000 was given to an Iowa entrepreneur in 2005. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bettendorf, Iowa was able to borrow $225,000 from Citizens First Bank. The SBA made the loan possible by guaranteeing $168,750 of this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: OPTOMETRISTS SBA Loan Lender CITIZENS FIRST BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621320 - Optometrists Loan Approval Date 12/21/2005 Loan Approval Gross Amount $225,000 Loan Approval from the SBA Of the total $225,000 loan amount, the SBA guaranteed $168,750. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the 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 loans provide money to small business owners for working capital for other expenses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citizens First Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Good Banks for Small Business in Clinton, Iowa
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