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November 15, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Davenport, Business Loans > Northwest Bank & Trust Company Davenport Business Loans > Pet Care Services Loan | ||||
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Who Lends Money to Maquoketa Small Businesses
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Firm Gets an Iowa SBA LoanIowaSmall business loans are available to Iowa small business owners through the SBA. In this case, an Iowa bank provides the loan. Getting a small business loan in Maquoketa, Iowa was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Northwest Bank & Trust Company. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: PET CARE SERVICES SBA Loan Lender NORTHWEST BANK & TRUST COMPANY This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 812910 - Pet Care Services Loan Approval Date 3/14/2006 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. 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 no employees. This SBA loan request indicated that the funding would help generate 1 new job. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Who Lends Money to Small Businesses in Davenport, Iowa
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