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January 9, 2025 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Dubuque, Business Loans > East Dubuque Savings Bank Dubuque Business Loans > Florists Loan | ||||
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Dubuque, Iowa SBA Banks
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Dubuque, Iowa Bank Gives SBA Loan to Florists CompanyWant to talk with a Dubuque, Iowa bank about an SBA loan? Here's one Iowa business loan, issued by a Dubuque bank, that was approved by the SBA. Applying for an SBA loan with East Dubuque Savings Bank worked out well for our friends at one local company in Dubuque, Iowa. They got an SBA loan for $179,000. Great job! SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender EAST DUBUQUE SAVINGS BANK This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453110 - Florists Loan Approval Date 7/31/2006 Loan Approval Gross Amount $179,000 Loan Approval from the SBA Of the total $179,000 loan amount, the SBA guaranteed $134,250. 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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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. Related Links: Browse All Business Loan Sources for Iowa
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