Business Loan from Great Western Bank Given to Disinfecting And Pest Control Services Company
Great Western Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Iowa entrepreneur who tapped into the power of SBA loans.
This business knew how to go about getting a business bank loan. Based in Corydon, Iowa, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Great Western Bank, based in Corydon, Iowa.
SBA Loan Borrower
COMPANY TYPE: DISINFECTING AND PEST CONTROL SERVICES
CORYDON, IA 50060
SBA Loan Lender
GREAT WESTERN BANK
309 E JEFFERSON
CORYDON, IA 50060
This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7342 - Disinfecting and Pest Control Services
Loan Approval Date
9/11/2000
Loan Approval Gross Amount
$54,000
Loan Approval from the SBA
Of the total $54,000 loan amount, the SBA guaranteed $43,200.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new 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:
Getting a Small Business Loan
Small Business Banks in Corydon, Iowa
Iowa SBA Banks