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May 13, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Le Mars, Business Loans > Amer Bank Le Mars Business Loans > Hog And Pig Farming Loan | ||||
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We Needed a Small Business Loan in Hartley, Iowa and We Got One!
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Small Business Loans for Hog and Pig FarmingLooking for small business loans for hog and pig farming? An SBA loan may be just what you've been looking for. This $30,000 hog and pig farming loan was issued by an Iowa bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hartley, Iowa was able to borrow $30,000 from Amer Bank. The SBA made the loan possible by guaranteeing $25,500 of this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: HOG AND PIG FARMING SBA Loan Lender AMER BANK This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 112210 - Hog and Pig Farming Loan Approval Date 1/14/2004 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $25,500. 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 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Hartley 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: Best Le Mars, Iowa Banks for Small Business Getting a Business Loan in Iowa
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