Site Preparation Contractors SBA Loans

Looking for SBA loans for site preparation contractors? Try the SBA. This $143,254 site preparation contractors loan was issued by an Iowa bank.

Getting a small business loan in West Union, Iowa was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank - W. Union, operating out of West Union, Iowa. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
WEST UNION, IA 52175

SBA Loan Lender

1ST NATIONAL BANK - W. UNION
115 N VINE ST
WEST UNION, IA 52175

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238910 - Site Preparation Contractors

Loan Approval Date

3/10/2005

Loan Approval Gross Amount

$143,254

Loan Approval from the SBA

Of the total $143,254 loan amount, the SBA guaranteed $121,766.

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 3 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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:

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SBA 7A Lenders in West Union, Iowa

Getting an SBA Loan in Iowa