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May 17, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Omaha, Business Loans > First National Bank Of Omaha Omaha Business Loans > Store Retailers Loan | ||||
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SBA 7A Banks That Lend to Iowa Entrepreneurs
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First National Bank Of Omaha Gives SBA Loan to Store Retailers CompanyIowaBank loans are available to Iowa firms through the SBA. In this case, a Nebraska bank provides the loan. You can learn something about getting a small business loan in Glenwood, Iowa by studying this loan to a local company, made back in 2003. Banks like First National Bank Of Omaha may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender FIRST NATIONAL BANK OF OMAHA This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 3/24/2003 Loan Approval Gross Amount $60,100 Loan Approval from the SBA Of the total $60,100 loan amount, the SBA guaranteed $51,085. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in Glenwood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Obtaining Funding - How to Borrow Money
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