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May 8, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Neenah, Business Loans > Associated Bank Neenah Business Loans > Straight Shot Express Loan | ||||
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Iowa Small Business Funding for Franchises
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Associated Bank Provides SBA Loan to Buy Straight Shot Express FranchiseBorrowing money to purchase a Straight Shot Express franchise? Associated Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Bettendorf, Iowa needed money to invest in a Straight Shot Express franchise back in 2000. Associated Bank issued an SBA franchise loan. Here are the details on this Iowa small business loan. SBA Loan Borrower STRAIGHT SHOT EXPRESS SBA Loan Lender ASSOCIATED BANK This lender issued this particular small business 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. SIC Code 7389 - Business Services Loan Approval Date 4/5/2000 Loan Approval Gross Amount $110,000 Loan Approval from the SBA Of the total $110,000 loan amount, the SBA guaranteed $79,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Straight Shot Express franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? 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 Bettendorf 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: SBA Participating Banks in Neenah, Wisconsin
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