Vitreous China, Fine Earthenware, and Pottery Manufacturing Small Business Loans
Looking for small business loans for vitreous china, fine earthenware, and pottery manufacturing? Talk to a banker who works with the SBA. This $25,500 vitreous china, fine earthenware, and pottery manufacturing loan was issued by an Iowa bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Clive, Iowa was able to borrow $25,500 from Polk County Bank. The SBA made the loan possible by guaranteeing $21,675 of this Iowa small business loan.
SBA Loan Borrower
COMPANY TYPE: VITREOUS CHINA, FINE EARTHENWARE, AND POTTERY MANUFACTURING
CLIVE, IA 50325
SBA Loan Lender
POLK COUNTY BANK
5601 MERLE HAY RD
JOHNSTON, IA 50131
This 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
327112 - Vitreous China, Fine Earthenware, and Pottery Manufacturing
Loan Approval Date
4/8/2002
Loan Approval Gross Amount
$25,500
Loan Approval from the SBA
Of the total $25,500 loan amount, the SBA guaranteed $21,675.
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 9 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Getting a Small Business Loan
SBA 7A Lenders in Johnston, Iowa
SBA Iowa Banks