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March 29, 2024  
 
 
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Raising Money in Davenport, Iowa With SBA Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy an Advanced Laser Clinic Franchise

Need a loan to invest in an Advanced Laser Clinic franchise? The National Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Davenport, Iowa needed money to invest in an Advanced Laser Clinic franchise back in 2005. The National Bank issued an SBA franchise loan. Here are the details on this Iowa small business loan.

SBA Loan Borrower

ADVANCED LASER CLINIC OF THE Q
DAVENPORT, IA 52806

SBA Loan Lender

THE NATIONAL BANK
852 MIDDLE RD, STE 101
BETTENDORF, IA 52722

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

621399 - Health Practitioners

Loan Approval Date

7/27/2005

Loan Approval Gross Amount

$122,000

Loan Approval from the SBA

Of the total $122,000 loan amount, the SBA guaranteed $61,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Advanced Laser Clinic franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The National 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.

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