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May 13, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Primghar, Business Loans > Savings Bank Primghar Business Loans > Animal Slaughtering Loan | ||||
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How to Get SBA Money in Hospers, Iowa
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Savings Bank Gives Business Loan to Animal Slaughtering CompanyLooking to get an Iowa small business loan? This Iowa entrepreneur got a small business loan, provided by an Iowa bank that works with the SBA to help small business owners. Getting a small business loan in Hospers, Iowa was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Savings Bank. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: ANIMAL SLAUGHTERING SBA Loan Lender SAVINGS BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311611 - Animal Slaughtering Loan Approval Date 9/27/2005 Loan Approval Gross Amount $1,600,000 Loan Approval from the SBA Of the total $1,600,000 loan amount, the SBA guaranteed $1,200,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 214 employees. The loan application did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: SBA Participating Banks in Primghar, Iowa
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