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November 15, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Clive, Business Loans > Great Western Bank Clive Business Loans > New Car Dealers Loan | ||||
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Clive, Iowa SBA Lenders
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Clive, Iowa Bank Lends Money to New Car Dealers Company in Chariton, IowaA Clive, Iowa business loan can be yours. Learn how a company got a $500,000 business loan from this Iowa bank. This loan to a local firm is a good example of an SBA loan. Great Western Bank made the loan and the SBA guaranteed a portion of the loan. Many other Iowa entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: NEW CAR DEALERS SBA Loan Lender GREAT WESTERN 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 441110 - New Car Dealers Loan Approval Date 10/31/2003 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $375,000. 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 12 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan If you are working on finding money to start a business in Chariton IA, you ought to talk with a local Chariton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chariton businesses. 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:
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