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May 11, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Estherville, Business Loans > Emmet County State Bank Estherville Business Loans > Beauty Salons Loan | ||||
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Iowa SBA 7A Lenders
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Entrepreneur Works With Estherville, Iowa Bank to Get an SBA LoanWant to talk with an Estherville, Iowa bank about an SBA loan? Here's one Iowa business loan, issued by an Estherville bank, that was approved by the SBA. Applying for an SBA loan with Emmet County State Bank worked out well for our friends at one local business in Estherville, Iowa. They received an SBA loan for $25,000. Nice! SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender EMMET COUNTY STATE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812112 - Beauty Salons Loan Approval Date 10/25/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $21,250. 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 5 employees. The SBA loan application for the borrower did not indicate that the small business 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 We can help you find the best banks for small businesses in Estherville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Determining Proper Capital Structure for a Business SBA Participating Banks in Estherville, Iowa
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