Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

Who Can Get a Business Loan in Larchwood, Iowa?

 

 
Loan Census SBA Loan Info

Hog and Pig Farming Loans

Looking for loans for hog and pig farming? Try the SBA. This $113,000 hog and pig farming loan was issued by an Ohio bank.

Getting a small business loan in Larchwood, Iowa was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from U.S. Bank National Association, operating out of Cincinnati, Ohio. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: HOG AND PIG FARMING
LARCHWOOD, IA 51241

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This lender issued this particular SBA bank 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

5/3/2002

Loan Approval Gross Amount

$113,000

Loan Approval from the SBA

Of the total $113,000 loan amount, the SBA guaranteed $96,050.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

We can help you find the best banks for small businesses in Larchwood 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:

SBIR Funding

Best Cincinnati, Ohio Banks for Small Business

SBA Lenders in Ohio