Snack and Nonalcoholic Beverage Bars Small Business Loans

Looking for small business loans for snack and nonalcoholic beverage bars? The SBA may be the answer. This $68,500 snack and nonalcoholic beverage bars loan was issued by an Iowa bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pleasant Hill, Iowa was able to borrow $68,500 from West Bank. The SBA made the loan possible by guaranteeing $34,250 of this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS
PLEASANT HILL, IA 50327

SBA Loan Lender

WEST BANK
1601 22ND ST
WEST DES MOINES, IA 50266

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

722213 - Snack and Nonalcoholic Beverage Bars

Loan Approval Date

2/20/2007

Loan Approval Gross Amount

$68,500

Loan Approval from the SBA

Of the total $68,500 loan amount, the SBA guaranteed $34,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Pleasant Hill IA, you ought to talk with a local Pleasant Hill SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pleasant Hill businesses.

This SBA loan was for $68,500. How would you spend $68,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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