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April 28, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Bettendorf, Business Loans > Quad City Bank & Trust Bettendorf Business Loans > Facelogic Loan | ||||
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SBA 7A Banks for Davenport, Iowa Small Business Owners
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Borrow Money to Buy a Facelogic FranchiseBorrowing money to purchase a Facelogic franchise? Quad City Bank & Trust has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Facelogic franchise? If so, here's a 2007 SBA franchise loan that you should know about. Quad City Bank & Trust was the lender and the entrepreneur was based in Davenport, Iowa. SBA Loan Borrower FACELOGIC SBA Loan Lender QUAD CITY BANK & TRUST This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 446199 - Health and Personal Care Stores Loan Approval Date 5/9/2007 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 a new business. This loan was used to buy a Facelogic franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the borrowed money would help generate 5 new jobs. Next Steps for Getting an SBA Loan SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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. Related Links: The Friends and Family Network SBA Approved Banks in Bettendorf, Iowa
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