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May 17, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Hills, Business Loans > Hills Bank And Trust Company Hills Business Loans > Personal Care Services Loan | ||||
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Banks Doing SBA Loans in Iowa
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Hills, Iowa Bank Gives SBA Loan to Personal Care Services CompanyFind Hills, Iowa banks that specialize in SBA loans and know how to work with entrepreneurs. Hills Bank And Trust Company is one such bank, as evidenced by this SBA loan to one business. Finding a small business loan in North Liberty, Iowa starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Hills Bank And Trust Company. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: PERSONAL CARE SERVICES SBA Loan Lender HILLS BANK AND TRUST COMPANY This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 812199 - Personal Care Services Loan Approval Date 4/4/2006 Loan Approval Gross Amount $108,700 Loan Approval from the SBA Of the total $108,700 loan amount, the SBA guaranteed $54,350. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application indicated that the funding would help generate 3 new jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Hills Bank And Trust Company and they will explain how you can get an SBA loan for your company. 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: Raising VC Money for Social Networking Companies Good Banks for Small Business in Hills, Iowa
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