Specialty Food Stores Bank Loans

Looking for bank loans for specialty food stores? The SBA may be the answer. This $71,000 specialty food stores loan was issued by an Iowa bank.

This company knew how to go about getting a business bank loan. Based in Cedar Falls, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Bankiowa, based in Cedar Falls, Iowa.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY FOOD STORES
CEDAR FALLS, IA 50613

SBA Loan Lender

BANKIOWA
6804 UNIVERSITY AVE
CEDAR FALLS, IA 50613

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445299 - Specialty Food Stores

Loan Approval Date

10/4/2001

Loan Approval Gross Amount

$71,000

Loan Approval from the SBA

Of the total $71,000 loan amount, the SBA guaranteed $60,350.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Cedar Falls IA, you ought to talk with a local Cedar Falls SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cedar Falls businesses.

We can help you find the best banks for small businesses in Cedar Falls or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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