Borrowing Money for Jewelry Stores

Looking for loans for jewelry stores? An SBA loan may be just what you've been looking for. This $44,800 jewelry stores loan was issued by an Iowa bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Iowa State Bank, out of Des Moines, Iowa. The loan was granted and they received $44,800 to help grow their Des Moines, Iowa business.

SBA Loan Borrower

COMPANY TYPE: JEWELRY STORES
DES MOINES, IA 50309

SBA Loan Lender

IOWA STATE BANK
627 E LOCUST ST
DES MOINES, IA 50309

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

448310 - Jewelry Stores

Loan Approval Date

8/11/2006

Loan Approval Gross Amount

$44,800

Loan Approval from the SBA

Of the total $44,800 loan amount, the SBA guaranteed $38,080.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help create 2 new jobs.

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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Iowa State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Iowa State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Accountant's Role in Securing Financing

Who Lends Money to Small Businesses in Des Moines, Iowa

Where to Get an SBA Loan Iowa