Iowa Entrepreneur Secures Financing to Buy Window Genie Franchise

Borrowing money to buy a Window Genie franchise? Charter Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Window Genie franchise? If so, here's a 2007 SBA franchise loan that you should know about. Charter Bank was the lender and the entrepreneur was based in Clive, Iowa.

SBA Loan Borrower

GIESSELMANN PROPERTIES
CLIVE, IA 50325

SBA Loan Lender

CHARTER BANK
5526 NW 86TH ST
JOHNSTON, IA 50131

This SBA small business 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

238150 - Glass and Glazing Contractors

Loan Approval Date

2/13/2007

Loan Approval Gross Amount

$373,500

Loan Approval from the SBA

Of the total $373,500 loan amount, the SBA guaranteed $280,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Window Genie franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

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:

Window Genie

Debt Financing

SBA 7A Banks in Johnston, Iowa

Getting a Business Loan in Iowa