Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Sioux Center, Iowa Bank Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Landscaping Services

Looking for SBA loans for landscaping services? The SBA may be the answer. This $39,000 landscaping services loan was issued by an Iowa bank.

Getting a small business loan in Sioux Center, Iowa was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from American State Bank, operating out of Sioux Center, Iowa. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
SIOUX CENTER, IA 51250

SBA Loan Lender

AMERICAN STATE BANK
525 N MAIN AVE
SIOUX CENTER, IA 51250

This lender processed this SBA bank 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.

SIC Code

0782 - Lawn and Garden Services

NAICS Code

561730 - Landscaping Services

Loan Approval Date

1/3/2000

Loan Approval Gross Amount

$39,000

Loan Approval from the SBA

Of the total $39,000 loan amount, the SBA guaranteed $19,500.

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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like American State Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Financing Your Business

SBA Participating Banks in Sioux Center, Iowa

Getting a Business Loan in Iowa