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May 10, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Grundy Center, Business Loans > Grundy National Bank - Grundy Cente Grundy Center Business Loans > Building Material Dealers Loan | ||||
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Dysart, Iowa Bank for SBA Loans
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Building Material Dealers Business LoansLooking for business loans for building material dealers? Talk to a banker who works with the SBA. This $300,000 building material dealers loan was issued by an Iowa bank. This business knew how to go about getting a business bank loan. Based in Dysart, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Grundy National Bank - Grundy Cente, based in Grundy Center, Iowa. SBA Loan Borrower COMPANY TYPE: BUILDING MATERIAL DEALERS SBA Loan Lender GRUNDY NATIONAL BANK - GRUNDY CENTE This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444190 - Building Material Dealers Loan Approval Date 3/17/2006 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. 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 5 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a company in Dysart IA, you ought to talk with a local Dysart SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dysart 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: Best Banks in Grundy Center, Iowa
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