SBA Loans for Home Health Equipment Rental

Looking for SBA loans for home health equipment rental? Talk to a banker who works with the SBA. This $57,700 home health equipment rental loan was issued by an Iowa bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Carroll, Iowa was able to borrow $57,700 from Iowa Savings Bank. The SBA made the loan possible by guaranteeing $49,045 of this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: HOME HEALTH EQUIPMENT RENTAL
CARROLL, IA 51401

SBA Loan Lender

IOWA SAVINGS BANK
510 W US HWY 30
CARROLL, IA 51401

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

532291 - Home Health Equipment Rental

Loan Approval Date

7/12/2001

Loan Approval Gross Amount

$57,700

Loan Approval from the SBA

Of the total $57,700 loan amount, the SBA guaranteed $49,045.

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 only one employee. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Equity Financing

SBA Approved Banks in Carroll, Iowa

Getting an SBA Loan in Iowa