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December 21, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Greenfield, Business Loans > Union State Bank Greenfield Business Loans > Book Stores Loan | ||||
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Business Loans for Greenfield Businesses
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Commercial Loans for Book StoresLooking for commercial loans for book stores? Try the SBA. This $10,000 book stores loan was issued by an Iowa bank. Getting a small business loan in Greenfield, Iowa was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Union State Bank, operating out of Greenfield, Iowa. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: BOOK STORES SBA Loan Lender UNION STATE BANK This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5942 - Book Stores NAICS Code 451211 - Book Stores Loan Approval Date 3/15/2001 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $8,500. 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 2 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Greenfield 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:
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