SBA Loans for Diet and Weight Reducing Centers

Looking for SBA loans for diet and weight reducing centers? Try the SBA. This $85,200 diet and weight reducing centers loan was issued by an Iowa bank.

This small business knew how to go about getting a business bank loan. Based in Davenport, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Northwest Bank & Trust Company, based in Davenport, Iowa.

SBA Loan Borrower

COMPANY TYPE: DIET AND WEIGHT REDUCING CENTERS
DAVENPORT, IA 52807

SBA Loan Lender

NORTHWEST BANK & TRUST COMPANY
100 E KIMBERLY
DAVENPORT, IA 52806

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812191 - Diet and Weight Reducing Centers

Loan Approval Date

9/14/2006

Loan Approval Gross Amount

$85,200

Loan Approval from the SBA

Of the total $85,200 loan amount, the SBA guaranteed $72,420.

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 only one employee. The loan application did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

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