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May 9, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Fort Dodge, Business Loans > First American Bank Fort Dodge Business Loans > Child Day Care Services Loan | ||||
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Get a Small Business Loan in Ankeny, Iowa
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First American Bank Gives Business Loan to Child Day Care Services CompanyIowaSmall business loans are available to Iowa small business owners through the SBA. In this case, an Iowa bank provides the loan. Getting a small business loan in Ankeny, Iowa was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from First American Bank. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender FIRST AMERICAN BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 624410 - Child Day Care Services Loan Approval Date 3/24/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help create 8 new jobs. Great, But How Can I Get an SBA Loan for My Business? If you have been wondering how do i get money to start a business in Ankeny IA, you ought to talk with a local Ankeny SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ankeny businesses. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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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