Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Iowa SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Ida Grove, Iowa Lender Lends Money to Chiropractors Company

Want to talk with an Ida Grove, Iowa bank about a small business loan? Here's one Iowa business loan, issued by an Ida Grove bank, that was approved by the SBA.

Applying for an SBA loan with United Bank Of Iowa worked out well for our friends at one local firm in Denison, Iowa. They got an SBA loan for $99,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
DENISON, IA 51442

SBA Loan Lender

UNITED BANK OF IOWA
501 2ND ST
IDA GROVE, IA 51445

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621310 - Chiropractors

Loan Approval Date

7/25/2002

Loan Approval Gross Amount

$99,000

Loan Approval from the SBA

Of the total $99,000 loan amount, the SBA guaranteed $74,250.

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 12 employees. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

This SBA loan was for $99,000. How would you spend $99,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Obtaining Funding - How to Borrow Money

SBA Participating Banks in Ida Grove, Iowa

SBA Lenders in Iowa