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November 15, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Glenwood, Business Loans > Glenwood State Bank Glenwood Business Loans > Drinking Places Loan | ||||
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Glenwood State Bank
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Glenwood State Bank SBA Loan to Drinking Places CompanyAn SBA loan from Glenwood State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Glenwood, Iowa business owner got a $65,000 loan. Getting a small business loan in Glenwood, Iowa was an essential business goal for this firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Glenwood State Bank, operating out of Glenwood, Iowa. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender GLENWOOD STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722410 - Drinking Places Loan Approval Date 2/17/2006 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $55,250. 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 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA 7A Lenders in Glenwood, Iowa
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