 |
 |
November 15, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Iowa Business Loan Sources > Clive, Business Loans > Great Western Bank Clive Business Loans > Manufacturing Loan | ||||
 |
||||
Business Loans for Waukee Businesses
|
||||
 |
Borrowing Money for ManufacturingWith these bank loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $70,000 was given to an Iowa entrepreneur in 2001. This small firm knew how to go about getting a business bank loan. Based in Waukee, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Great Western Bank, based in Clive, Iowa. SBA Loan Borrower COMPANY TYPE: MANUFACTURING SBA Loan Lender GREAT WESTERN BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339999 - Manufacturing Loan Approval Date 11/5/2001 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $59,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. The loan application 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 already have a business and need money to expand, an SBA loan can be a great way to raise money Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 Who Lends Money to Small Businesses in Clive, Iowa
|
|
||
|
||||
|
|
||||