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April 30, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > West Des Moines, Business Loans > West Bank West Des Moines Business Loans > Club Z Of Central Iowa Loan | ||||
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Iowa Small Business Funding for Franchises
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Clive, IA Entrepreneur Gets SBA Loan to Buy Club Z FranchiseNeed money to buy a Club Z franchise? West Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Clive, Iowa needed money to invest in a Club Z franchise back in 2005. West Bank issued an SBA franchise loan. Here are the details on this Iowa small business loan. SBA Loan Borrower CLUB Z OF CENTRAL IOWA SBA Loan Lender WEST BANK This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611691 - Exam Preparation and Tutoring Loan Approval Date 12/30/2005 Loan Approval Gross Amount $43,000 Loan Approval from the SBA Of the total $43,000 loan amount, the SBA guaranteed $36,550. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Club Z franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Best West Des Moines, Iowa Banks for Small Business
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