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December 21, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > West Des Moines, Business Loans > First Bank West Des Moines Business Loans > Building Material Dealers Loan | ||||
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Sully, Iowa Bank for SBA Loans
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Getting an SBA Loan for Building Material DealersLooking for SBA loans for building material dealers? Talk to a banker who works with the SBA. This $1,740,000 building material dealers loan was issued by an Iowa bank. This business knew how to go about getting a business bank loan. Based in Sully, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First Bank, based in West Des Moines, Iowa. SBA Loan Borrower COMPANY TYPE: BUILDING MATERIAL DEALERS SBA Loan Lender FIRST BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444190 - Building Material Dealers Loan Approval Date 9/12/2006 Loan Approval Gross Amount $1,740,000 Loan Approval from the SBA Of the total $1,740,000 loan amount, the SBA guaranteed $1,305,000. 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 15 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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: Raising VC Money for Social Networking Companies Best Banks in West Des Moines, Iowa
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