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May 15, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Adel, Business Loans > Raccoon Valley Bank Adel Business Loans > Child Day Care Services Loan | ||||
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Iowa SBA 7A Lenders
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Adel, Iowa Bank Gives SBA Loan to Child Day Care Services CompanyGet small business loans from an Adel, Iowa bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Raccoon Valley Bank is a Adel, Iowa small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Iowa company. SBA Loan Borrower COMPANY TYPE: CHILD DAY CARE SERVICES SBA Loan Lender RACCOON VALLEY BANK 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. NAICS Code 624410 - Child Day Care Services Loan Approval Date 7/22/2004 Loan Approval Gross Amount $315,450 Loan Approval from the SBA Of the total $315,450 loan amount, the SBA guaranteed $236,588. More Information on This SBA Loan The borrower borrowed this money for an existing 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 10 employees. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business 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. This SBA loan was for $315,450. How would you spend $315,450 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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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