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December 21, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Iowa City, Business Loans > Iowa St. Bank & Trust Iowa City Business Loans > Electronic Shopping And Mail-Order Houses Loan | ||||
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How to Get a Business Loan in North Liberty, Iowa
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Firm Gets an Iowa Small Business 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 North Liberty, Iowa was a top priority for this small company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Iowa St. Bank & Trust. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: ELECTRONIC SHOPPING AND MAIL-ORDER HOUSES SBA Loan Lender IOWA ST. BANK & TRUST This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 454110 - Electronic Shopping and Mail-Order Houses Loan Approval Date 2/5/2004 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $45,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to raise money for a business in North Liberty IA, you ought to talk with a local North Liberty SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Liberty businesses. While you may be able to find business people willing to loan money, 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: Obtaining Funding From a Venture Capitalist
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