Fort Dodge, Iowa Bank Gives SBA Loan to Cable And Subscription Programming Company
Thinking about meeting with a Fort Dodge, Iowa bank about a small business loan? Here's one Iowa business loan, issued by a Fort Dodge bank, that was approved by the SBA.
Applying for an SBA loan with First American Bank worked out well for our friends at one local company in Des Moines, Iowa. They got an SBA loan for $200,000. Nice!
SBA Loan Borrower
COMPANY TYPE: CABLE AND SUBSCRIPTION PROGRAMMING
DES MOINES, IA 50314
SBA Loan Lender
FIRST AMERICAN BANK
1207 CENTRAL AVE
FORT DODGE, IA 50501
This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
515210 - Cable and Subscription Programming
Loan Approval Date
2/9/2006
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $200,000. How would you spend $200,000 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:
Bank Credit Lines
Small Business Banks in Fort Dodge, Iowa
Iowa SBA 7A Lenders