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May 10, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Alton, Business Loans > Community Bank Alton Business Loans > Hogs Loan | ||||
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How Do We Get a Business Loan in Boyden, Iowa?
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SBA Loans for Hog and Pig FarmingLooking for SBA loans for hog and pig farming? Try the SBA. This $475,000 hog and pig farming loan was issued by an Iowa bank. This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Community Bank, out of Alton, Iowa. The loan was granted and they received $475,000 to help grow their Boyden, Iowa business. SBA Loan Borrower COMPANY TYPE: HOGS SBA Loan Lender COMMUNITY BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0213 - Hogs NAICS Code 112210 - Hog and Pig Farming Loan Approval Date 1/11/2000 Loan Approval Gross Amount $475,000 Loan Approval from the SBA Of the total $475,000 loan amount, the SBA guaranteed $356,250. 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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We can help you find the best banks for small businesses in Boyden 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: Banking Deregulation's Effects on Entrepreneurship Small Business Banks in Alton, Iowa
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