Iowa Small Business Loan Issued to Newspaper Publishers Company

Would an Iowa business loan help your company expand? If so, you may want to talk with this Iowa bank, which offers SBA loans to Iowa entrepreneurs.

Getting a small business loan in Vinton, Iowa was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Farmers Savings Bank & Trust-Vin. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER PUBLISHERS
VINTON, IA 52349

SBA Loan Lender

FARMERS SAVINGS BANK & TRUST-VIN
401 'B' AVE
VINTON, IA 52349

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

511110 - Newspaper Publishers

Loan Approval Date

5/15/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Farmers Savings Bank & Trust-Vin had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Farmers Savings Bank & Trust-Vin 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.

Find an SBA Lender in Vinton, Iowa

SBA Iowa Lenders

Vinton SBA Loans

Iowa Small Business Loan Issued to Newspaper Publishers Company