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November 21, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Sergeant Bluff, Business Loans > Pioneer Bank Sergeant Bluff Business Loans > Building Material Dealers Loan | ||||
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SBA Lenders in Iowa
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Financing for Building Material DealersLooking for commercial loans for building material dealers? Try the SBA. This $50,000 building material dealers loan was issued by an Iowa bank. Getting a small business loan in Sioux City, Iowa was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Pioneer Bank, operating out of Sergeant Bluff, Iowa. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: BUILDING MATERIAL DEALERS SBA Loan Lender PIONEER BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444190 - Building Material Dealers Loan Approval Date 4/2/2003 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We've showcased information on this loan to let you know that businesses like yours 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: How Much Venture Capital Is There? Small Bank Loans in Sergeant Bluff, Iowa
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