Loan Census Banking News and Information
November 14, 2024  
 
 
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Iowa Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Tan World Franchise

Borrowing money to buy a Tan World franchise? American National Bank has a history of making these loans and they are guaranteed by the SBA.

Tan World franchise loans are available to Urbandale, Iowa entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, American National Bank, based in Holstein, Iowa, issued an SBA franchise loan for a Tan World franchise in 2005. We've got all the details on this Iowa small business loan.

SBA Loan Borrower

TANWORLD
URBANDALE, IA 50322

SBA Loan Lender

AMERICAN NATIONAL BANK
116 N KIEL ST
HOLSTEIN, IA 51025

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812199 - Personal Care Services

Loan Approval Date

8/31/2005

Loan Approval Gross Amount

$325,000

Loan Approval from the SBA

Of the total $325,000 loan amount, the SBA guaranteed $243,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Tan World franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money

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:

Angel Investors

SBA Participating Banks in Holstein, Iowa

Getting a Business Loan in Iowa