Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Business Loans for Burlington Businesses

 

 
Loan Census SBA Loan Info

Personal Care Services Bank Loans

Looking for bank loans for personal care services? Talk to a banker who works with the SBA. This $126,000 personal care services loan was issued by an Iowa bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Danville State Savings Bank, out of Danville, Iowa. The loan was granted and they received $126,000 to help grow their Burlington, Iowa business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL CARE SERVICES
BURLINGTON, IA 52601

SBA Loan Lender

DANVILLE STATE SAVINGS BANK
109 N MAIN ST
DANVILLE, IA 52623

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

812199 - Personal Care Services

Loan Approval Date

6/24/2002

Loan Approval Gross Amount

$126,000

Loan Approval from the SBA

Of the total $126,000 loan amount, the SBA guaranteed $107,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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:

Advice on Getting a Small Business Loan

Banks in Danville, Iowa

Find an SBA Lender in Iowa