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December 22, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Washington, Business Loans > Washington State Bank Washington Business Loans > Physical, Occupational And Speech Therapists, And Audiologists Loan | ||||
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Iowa SBA Banks
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Washington, Iowa Lender Lends Money to Physical, Occupational And Speech Therapists, And Audiologists CompanyA Washington, Iowa small business loan can be yours. Learn how a business got a $532,000 business loan from this Iowa bank. This loan to an entrepreneur is a good example of an SBA loan. Washington State Bank made the loan and the SBA guaranteed a portion of the loan. Many other Iowa entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS SBA Loan Lender WASHINGTON STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621340 - Physical, Occupational and Speech Therapists, and Audiologists Loan Approval Date 1/24/2006 Loan Approval Gross Amount $532,000 Loan Approval from the SBA Of the total $532,000 loan amount, the SBA guaranteed $399,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $532,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Washington, Iowa Banks for Small Business
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