American National Corporation SBA Loan to Dentists Company
An SBA loan from American National Corporation typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Council Bluffs, Iowa business owner got a $250,000 loan.
Getting a small business loan in Council Bluffs, Iowa was an essential business goal for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from American National Corporation, operating out of Omaha, Nebraska. Here are the details on this Iowa small business loan.
SBA Loan Borrower
COMPANY TYPE: DENTISTS
COUNCIL BLUFFS, IA 51501
SBA Loan Lender
AMERICAN NATIONAL CORPORATION
8990 W DODGE RD
OMAHA, NE 68114
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
3/17/2006
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Council Bluffs or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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