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May 16, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Clayton, Business Loans > Citizens State Bank Of Clayton Clayton Business Loans > General Freight Trucking, Local Loan | ||||
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SBA Lender Clayton
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Clayton, Wisconsin Lender Lends Money to General Freight Trucking, Local CompanyWant to talk with a Clayton, Wisconsin bank about a small business loan? Here's one Minnesota business loan, issued by a Clayton bank, that was approved by the SBA. Applying for an SBA loan with Citizens State Bank Of Clayton worked out well for our friends at one local company in Altura, Minnesota. The business was able to get an SBA loan for $150,000. Nice! SBA Loan Borrower COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL SBA Loan Lender CITIZENS STATE BANK OF CLAYTON This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 484110 - General Freight Trucking, Local Loan Approval Date 10/19/2007 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Obtaining Funding - Getting Venture Capital SBA 7A Banks for Clayton, Wisconsin Loans
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