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November 22, 2024  
 
 
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Bettendorf, Iowa Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Bettendorf, Iowa Bank Lends Money to Gasoline Stations With Convenience Stores Company in Zwingle, Iowa

Get to know Bettendorf, Iowa banks that specialize in SBA loans and know how to work with entrepreneurs. Quad City Bank & Trust is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Zwingle, Iowa starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Quad City Bank & Trust. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
ZWINGLE, IA 52207

SBA Loan Lender

QUAD CITY BANK & TRUST
2118 MIDDLE RD
BETTENDORF, IA 52722

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

447110 - Gasoline Stations with Convenience Stores

Loan Approval Date

3/23/2005

Loan Approval Gross Amount

$336,400

Loan Approval from the SBA

Of the total $336,400 loan amount, the SBA guaranteed $168,200.

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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Quad City Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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SBA Banks in Bettendorf, Iowa

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