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May 17, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Fort Dodge, Business Loans > First American Bank Fort Dodge Business Loans > Claims Adjusting Loan | ||||
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Fort Dodge, Iowa SBA Lenders
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Entrepreneur Works With Fort Dodge, Iowa Bank to Get an SBA LoanWant to talk with a Fort Dodge, Iowa bank about a small business loan? Here's one Iowa business loan, issued by a Fort Dodge bank, that was approved by the SBA. Applying for an SBA loan with First American Bank worked out well for our friends at one local firm in Urbandale, Iowa. The business was able to get an SBA loan for $100,000. Awesome! SBA Loan Borrower COMPANY TYPE: CLAIMS ADJUSTING SBA Loan Lender FIRST AMERICAN BANK This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 524291 - Claims Adjusting Loan Approval Date 12/4/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 15 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First American Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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:
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