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December 22, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Harlan, Business Loans > United Bank Of Iowa Harlan Business Loans > Wood Kitchen Cabinet And Countertop Manufacturing Loan | ||||
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How to Get SBA Loans in Westphalia, Iowa
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Getting an SBA Loan for Wood Kitchen Cabinet and Countertop ManufacturingWith these commercial loans for wood kitchen cabinet and countertop manufacturing, the SBA guarantees the lender that the loan will be repaid. This wood kitchen cabinet and countertop manufacturing loan for $97,500 was given to an Iowa entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Westphalia, Iowa was able to borrow $97,500 from United Bank Of Iowa. The SBA made the loan possible by guaranteeing $82,875 of this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING SBA Loan Lender UNITED BANK OF IOWA This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 337110 - Wood Kitchen Cabinet and Countertop Manufacturing Loan Approval Date 11/16/2006 Loan Approval Gross Amount $97,500 Loan Approval from the SBA Of the total $97,500 loan amount, the SBA guaranteed $82,875. 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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Westphalia or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA Participating Banks in Harlan, Iowa
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