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November 15, 2024  
 
 
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What Does It Take to Get a Business Loan in Shenandoah, Iowa?

 

 
Loan Census SBA Loan Info

Business Loans for Tire Dealers

Looking for business loans for tire dealers? An SBA loan may be just what you've been looking for. This $40,000 tire dealers loan was issued by an Iowa bank.

Getting a small business loan in Shenandoah, Iowa was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from City National Bank - Shenandoah, operating out of Shenandoah, Iowa. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: TIRE DEALERS
SHENANDOAH, IA 51601

SBA Loan Lender

CITY NATIONAL BANK - SHENANDOAH
116 S BLOSSOM
SHENANDOAH, IA 51601

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441320 - Tire Dealers

Loan Approval Date

12/18/2002

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 4 employees. This SBA loan request did not indicate that the business promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like City National Bank - Shenandoah and they will explain how you can get an SBA loan for your company.

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:

A Company That Helps Entrepreneurs

SBA Banks in Shenandoah, Iowa

Iowa SBA 7A Lenders