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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 > Clothing Stores Loan | ||||
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Ankeny, Iowa Bank for SBA Loans
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Financing for Clothing StoresLooking for commercial loans for clothing stores? An SBA loan may be just what you've been looking for. This $100,000 clothing stores loan was issued by an Iowa bank. Getting a small business loan in Ankeny, Iowa was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First American Bank, operating out of Fort Dodge, Iowa. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: CLOTHING STORES SBA Loan Lender FIRST AMERICAN BANK The lender provided this small business 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 448190 - Clothing Stores Loan Approval Date 12/13/2005 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 29 employees. The loan application indicated that the loan would help retain 29 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Ankeny 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 7A Banks in Fort Dodge, Iowa
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