Keokuk, Iowa Bank Gives SBA Loan to Commercial Printing Company
Thinking about meeting with a Keokuk, Iowa bank about an SBA loan? Here's one Iowa business loan, issued by a Keokuk bank, that was approved by the SBA.
Applying for an SBA loan with State Central Bank worked out well for our friends at one local firm in Cedar Rapids, Iowa. They received an SBA loan for $213,000. Great job!
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
CEDAR RAPIDS, IA 52401
SBA Loan Lender
STATE CENTRAL BANK
601 MAIN ST
KEOKUK, IA 52632
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
5/15/2007
Loan Approval Gross Amount
$213,000
Loan Approval from the SBA
Of the total $213,000 loan amount, the SBA guaranteed $159,750.
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 8 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from State Central Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
SBIR Funding
Who Lends Money to Small Businesses in Keokuk, Iowa
Iowa SBA 7A Banks