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May 15, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > West Des Moines, Business Loans > Northwest Federal Savings Bank West Des Moines Business Loans > Prefabricated Wood Building Manufacturing Loan | ||||
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Iowa Small Business Loans from Northwest Federal Savings Bank
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SBA Loan from Northwest Federal Savings Bank Helps Prefabricated Wood Building Manufacturing CompanyAn SBA loan from Northwest Federal Savings Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Grimes, Iowa business owner got a $390,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Grimes, Iowa was able to borrow $390,000 from Northwest Federal Savings Bank. The SBA made the loan possible by guaranteeing $292,500 of this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: PREFABRICATED WOOD BUILDING MANUFACTURING SBA Loan Lender NORTHWEST FEDERAL SAVINGS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 321992 - Prefabricated Wood Building Manufacturing Loan Approval Date 11/10/2005 Loan Approval Gross Amount $390,000 Loan Approval from the SBA Of the total $390,000 loan amount, the SBA guaranteed $292,500. 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 50 employees. The loan application did not indicate that the SBA funding recipient 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 money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA 7A Lenders in West Des Moines, Iowa
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