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May 8, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Minneapolis, Business Loans > Wells Fargo Bank Minneapolis Business Loans > Ornamental And Architectural Metal Work Manufacturing Loan | ||||
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SBA Lender Denison Iowa
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Wells Fargo Bank Gives Small Business Loan to Ornamental And Architectural Metal Work Manufacturing CompanyIowaBusiness loans are available to Iowa business owners through the SBA. In this case, a Minnesota bank provides the loan. By giving the right information to Wells Fargo Bank, this Denison, Iowa business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: ORNAMENTAL AND ARCHITECTURAL METAL WORK MANUFACTURING SBA Loan Lender WELLS FARGO BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332323 - Ornamental and Architectural Metal Work Manufacturing Loan Approval Date 12/7/2001 Loan Approval Gross Amount $414,900 Loan Approval from the SBA Of the total $414,900 loan amount, the SBA guaranteed $311,175. 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 16 employees. The SBA loan documents did not indicate that the business promised to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Advice on Getting a Small Business Loan Best Minneapolis, Minnesota Banks for Small Business
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