Clothing Stores Business Loans
Looking for business loans for clothing stores? The SBA may be the answer. This $4,500 clothing stores loan was issued by an Iowa bank.
Getting a small business loan in Muscatine, Iowa was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Muscatine, operating out of Muscatine, Iowa. Here are the details on this Iowa small business loan.
SBA Loan Borrower
COMPANY TYPE: CLOTHING STORES
MUSCATINE, IA 52761
SBA Loan Lender
FIRST NATIONAL BANK - MUSCATINE
300 E 2ND ST
MUSCATINE, IA 52761
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
448190 - Clothing Stores
Loan Approval Date
4/11/2006
Loan Approval Gross Amount
$4,500
Loan Approval from the SBA
Of the total $4,500 loan amount, the SBA guaranteed $2,250.
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 only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank - Muscatine are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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 - How to Decide How Much to Raise
SBA Approved Banks in Muscatine, Iowa
Find an SBA Lender in Iowa