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May 16, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > West Des Moines, Business Loans > First Bank West Des Moines Business Loans > Commercial Screen Printing Loan | ||||
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West Des Moines SBA Lenders
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West Des Moines, Iowa Lender Lends Money to Commercial Screen Printing CompanyWant to talk with a West Des Moines, Iowa bank about a small business loan? Here's one Iowa business loan, issued by a West Des Moines bank, that was approved by the SBA. Applying for an SBA loan with First Bank worked out well for our friends at one local firm in Clive, Iowa. They got an SBA loan for $130,500. Sweet! SBA Loan Borrower COMPANY TYPE: COMMERCIAL SCREEN PRINTING SBA Loan Lender FIRST BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323113 - Commercial Screen Printing Loan Approval Date 10/21/2003 Loan Approval Gross Amount $130,500 Loan Approval from the SBA Of the total $130,500 loan amount, the SBA guaranteed $110,925. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business If you need business start up money in Clive IA, you ought to talk with a local Clive SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Clive businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Business Banks in West Des Moines, Iowa SBA Participating Banks in Iowa
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