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December 22, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Sioux City, Business Loans > Pioneer Bank Sioux City Business Loans > Automotive Glass Replacement Shops Loan | ||||
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Iowa Bank SBA Loans
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Sioux City, Iowa Lender Lends Money to Automotive Glass Replacement Shops CompanyThinking about meeting with a Sioux City, Iowa bank about a small business loan? Here's one Iowa business loan, issued by a Sioux City bank, that was approved by the SBA. Applying for an SBA loan with Pioneer Bank worked out well for our friends at one local firm in Sioux City, Iowa. The business was able to get an SBA loan for $27,300. Sweet! SBA Loan Borrower COMPANY TYPE: AUTOMOTIVE GLASS REPLACEMENT SHOPS SBA Loan Lender PIONEER BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 811122 - Automotive Glass Replacement Shops Loan Approval Date 6/2/2003 Loan Approval Gross Amount $27,300 Loan Approval from the SBA Of the total $27,300 loan amount, the SBA guaranteed $23,205. 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 only one employee. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $27,300 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA Participating Banks in Sioux City, Iowa Browse All Business Loan Sources for Iowa
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