Loan Census Banking News and Information
May 17, 2024  
 
 
  Business Loan Information  
 

C Us Bank Small Business Loan

 

 
Loan Census SBA Loan Info

Financing for Computer and Computer Peripheral Equipment and Software Wholesalers

Looking for commercial loans for computer and computer peripheral equipment and software wholesalers? The SBA may be the answer. This $65,000 computer and computer peripheral equipment and software wholesalers loan was issued by an Iowa bank.

Getting a small business loan in Cresco, Iowa was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from C Us Bank, operating out of Cresco, Iowa. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: COMPUTER RENTAL AND LEASING
CRESCO, IA 52136

SBA Loan Lender

C US BANK
111 N ELM ST
CRESCO, IA 52136

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7377 - Computer Rental and Leasing

NAICS Code

421430 - Computer and Computer Peripheral Equipment and Software Wholesalers

Loan Approval Date

10/6/2000

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $52,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Cresco IA, you ought to talk with a local Cresco SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cresco businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Alternative Financing

Small Bank Loans in Cresco, Iowa

SBA Lenders in Iowa