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November 21, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Marshalltown, Business Loans > United Bank & Tr Marshalltown Business Loans > Funeral Homes And Funeral Services Loan | ||||
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SBA 7A Banks for Small Business Owners in Iowa
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Iowa Bank Loan Issued to Funeral Homes And Funeral Services CompanyIowaSBA loans are available to Iowa entrepreneurs through the SBA. In this case, an Iowa bank provides the loan. Getting a small business loan in Marshalltown, Iowa was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from United Bank & Tr. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: FUNERAL HOMES AND FUNERAL SERVICES SBA Loan Lender UNITED BANK & TR SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812210 - Funeral Homes and Funeral Services Loan Approval Date 9/21/2004 Loan Approval Gross Amount $895,000 Loan Approval from the SBA Of the total $895,000 loan amount, the SBA guaranteed $671,250. 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 3 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. United Bank & Tr had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, United Bank & Tr made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Family and Friend Investors - Your First Financiers SBA Banks in Marshalltown, Iowa Getting a Business Loan in Iowa
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