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May 4, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Dubuque, Business Loans > Dubuque Bank And Trust Company Dubuque Business Loans > Mr Goodcents Loan | ||||
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Small Business Banks for Dubuque, Iowa Small Business Owners
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Dubuque Bank And Trust Company Provides SBA Loan to Buy Mr. Goodcents Sub' And Pasta FranchiseNeed a loan to purchase a Mr. Goodcents Sub' And Pasta franchise? Dubuque Bank And Trust Company has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Dubuque, Iowa needed money to invest in a Mr. Goodcents Sub' And Pasta franchise back in 2004. Dubuque Bank And Trust Company issued an SBA franchise loan. Here are the details on this Iowa small business loan. SBA Loan Borrower MR GOODCENTS SBA Loan Lender DUBUQUE BANK AND TRUST COMPANY This lender processed this business 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 722211 - Limited-Service Restaurants Loan Approval Date 12/10/2004 Loan Approval Gross Amount $171,000 Loan Approval from the SBA Of the total $171,000 loan amount, the SBA guaranteed $85,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Mr. Goodcents Sub' And Pasta franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the funding would help generate 24 new jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $171,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Where to Get an SBA Loan in Dubuque, Iowa
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