Cincinnati, Ohio Lender Lends Money to Investment Advice Company
Get small business loans from a Cincinnati, Ohio bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
U.S. Bank National Association is a Cincinnati, Ohio small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Iowa company.
SBA Loan Borrower
COMPANY TYPE: INVESTMENT ADVICE
DAVENPORT, IA 52807
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
523930 - Investment Advice
Loan Approval Date
5/19/2004
Loan Approval Gross Amount
$82,500
Loan Approval from the SBA
Of the total $82,500 loan amount, the SBA guaranteed $41,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start business in Davenport IA, you ought to talk with a local Davenport SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Davenport businesses.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $82,500 loan. Remember, anyone can do it... so why not you?
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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