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November 22, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > West Des Moines, Business Loans > Bank Iowa Corporation West Des Moines Business Loans > Landscaping Services Loan | ||||
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Banks in West Des Moines, Iowa That Make SBA Loans
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West Des Moines, Iowa Bank Gives SBA Loan to Landscaping Services CompanyWant to talk with a West Des Moines, Iowa bank about an SBA loan? Here's one Iowa business loan, issued by a West Des Moines bank, that was approved by the SBA. Applying for an SBA loan with Bank Iowa Corporation worked out well for our friends at one local business in West Des Moines, Iowa. The business was able to get an SBA loan for $137,000. Nice! SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender BANK IOWA CORPORATION This lender issued this small business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561730 - Landscaping Services Loan Approval Date 11/8/2007 Loan Approval Gross Amount $137,000 Loan Approval from the SBA Of the total $137,000 loan amount, the SBA guaranteed $116,450. 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a business in West Des Moines IA, you ought to talk with a local West Des Moines SBA lender or talk with an out-of-area SBA lender that has previously loaned money to West Des Moines businesses. 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 $137,000 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: Where to Get an SBA Loan in West Des Moines, Iowa
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