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May 17, 2024  
 
 
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Banks Doing SBA Loans in Iowa

 

 
Loan Census SBA Loan Info

Des Moines, Iowa Bank Lends Money to Personal Services Company in Clive, Iowa

Want to talk with a Des Moines, Iowa bank about an SBA loan? Here's one Iowa business loan, issued by a Des Moines bank, that was approved by the SBA.

Applying for an SBA loan with Wells Fargo Bank worked out well for our friends at one local company in Clive, Iowa. They got an SBA loan for $60,000. Great job!

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
CLIVE, IA 50325

SBA Loan Lender

WELLS FARGO BANK
666 WALNUT ST
DES MOINES, IA 50309

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

Loan Approval Date

6/12/2000

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $48,000.

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 63 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Clive 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:

Obtaining Funding - Friends and Family

Who Lends Money to Small Businesses in Des Moines, Iowa

Iowa SBA Banks