Loan Census Banking News and Information
May 10, 2024  
 
 
  Business Loan Information  
 

Examples of Buffalo SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Metal Coating, Engraving and Allied Services

Looking for loans for metal coating, engraving and allied services? Try the SBA. This $45,000 metal coating, engraving and allied services loan was issued by an Iowa bank.

Getting a small business loan in Buffalo, Iowa was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First Central State Bank, operating out of De Witt, Iowa. Here are the details on this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: COATING, ENGRAVING, AND ALLIED SERVICES
BUFFALO, IA 52728

SBA Loan Lender

FIRST CENTRAL STATE BANK
914 6TH AVE
DE WITT, IA 52742

This lender issued this particular SBA 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

3479 - Coating, Engraving, and Allied Services

NAICS Code

332812 - Metal Coating, Engraving and Allied Services

Loan Approval Date

5/4/2001

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 loan application did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First Central State Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Strategic Investors

SBA 7A Banks for De Witt, Iowa Loans

Browse All Business Loan Sources for Iowa