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December 22, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Sioux Falls, Business Loans > Wells Fargo Bank Sioux Falls Business Loans > Motorcycle, Bicycle, And Parts Manufacturing Loan | ||||
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Iowa Small Business SBA Loans
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Davenport, Iowa Entrepreneur Gets a Bank LoanWould an Iowa business loan help your company expand? If so, you may want to talk with this South Dakota bank, which offers SBA loans to Iowa entrepreneurs. You can learn something about getting a small business loan in Davenport, Iowa by studying this loan to a local business, made back in 2007. Banks like Wells Fargo Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: MOTORCYCLE, BICYCLE, AND PARTS MANUFACTURING SBA Loan Lender WELLS FARGO BANK This lender provides SBA loans 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 336991 - Motorcycle, Bicycle, and Parts Manufacturing Loan Approval Date 10/16/2007 Loan Approval Gross Amount $97,500 Loan Approval from the SBA Of the total $97,500 loan amount, the SBA guaranteed $82,875. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Davenport or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 - Getting Venture Capital SBA 7A Banks in Sioux Falls, South Dakota
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