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May 9, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Beauty Salons Loan | ||||
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Iowa Small Business SBA Loans
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U.S. Bank National Association Gives Small Business Loan to Beauty Salons CompanyWant an Iowa small business loan? This Iowa entrepreneur got a small business loan, provided by an Ohio bank that works with the SBA to help small business owners. Getting a small business loan in Newton, Iowa was a top priority for this small company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from U.S. Bank National Association. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812112 - Beauty Salons Loan Approval Date 5/24/2002 Loan Approval Gross Amount $32,000 Loan Approval from the SBA Of the total $32,000 loan amount, the SBA guaranteed $27,200. 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 only one employee. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $32,000. How would you spend $32,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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:
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