Raising Money for Flooring Contractors

Looking for business loans for flooring contractors? Try the SBA. This $9,000 flooring contractors loan was issued by an Iowa bank.

This small business knew how to go about getting a business bank loan. Based in West Des Moines, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Bank Iowa, based in Altoona, Iowa.

SBA Loan Borrower

COMPANY TYPE: FLOORING CONTRACTORS
WEST DES MOINES, IA 50266

SBA Loan Lender

BANK IOWA
420 8TH ST SE
ALTOONA, IA 50009

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238330 - Flooring Contractors

Loan Approval Date

2/14/2006

Loan Approval Gross Amount

$9,000

Loan Approval from the SBA

Of the total $9,000 loan amount, the SBA guaranteed $4,500.

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 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

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Iowa SBA 7A Lenders