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May 7, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Cedar Rapids, Business Loans > Bankiowa Cedar Rapids Business Loans > Action International Loan | ||||
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Iowa Small Business Funding for Franchises
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Bankiowa Provides SBA Loan to Buy Action International FranchiseNeed a loan to buy an Action International franchise? Bankiowa has a history of making these loans and they are guaranteed by the SBA. If you live near North Liberty, Iowa and are interested in buying an Action International franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Bankiowa. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower ACTION INTERNATIONAL SBA Loan Lender BANKIOWA The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541611 - Administrative Management and General Management Consulting Services Loan Approval Date 1/20/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $21,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy an Action International franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help create 1 new job. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: SBA 7A Banks in Cedar Rapids, Iowa
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