Where to Get Capital for Manifold Business Forms Printing

With these small business loans for manifold business forms printing, the SBA guarantees the lender that the loan will be repaid. This manifold business forms printing loan for $956,200 was given to an Iowa entrepreneur in 2002.

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

SBA Loan Borrower

COMPANY TYPE: MANIFOLD BUSINESS FORMS PRINTING
STORY CITY, IA 50248

SBA Loan Lender

SECURITY STATE BANK
303 EAST ST
RADCLIFFE, IA 50230

This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323116 - Manifold Business Forms Printing

Loan Approval Date

2/21/2002

Loan Approval Gross Amount

$956,200

Loan Approval from the SBA

Of the total $956,200 loan amount, the SBA guaranteed $717,150.

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 30 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Security State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Security State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Microlending as a Small Business Funding Source

SBA 7A Lenders in Radcliffe, Iowa

Find an SBA Lender in Iowa