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May 13, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Elk River, Business Loans > The Bank Of Elk River Elk River Business Loans > Travel Trailer And Camper Manufacturing Loan | ||||
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Banks in Minnesota
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Small Business Loans for Travel Trailer and Camper ManufacturingWith these small business loans for travel trailer and camper manufacturing, the SBA guarantees the lender that the loan will be repaid. This travel trailer and camper manufacturing loan for $85,000 was given to a Minnesota entrepreneur in 2007. This small firm knew how to go about getting a business bank loan. Based in Big Lake, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was The Bank Of Elk River, based in Elk River, Minnesota. SBA Loan Borrower COMPANY TYPE: TRAVEL TRAILER AND CAMPER MANUFACTURING SBA Loan Lender THE BANK OF ELK RIVER This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 336214 - Travel Trailer and Camper Manufacturing Loan Approval Date 4/25/2007 Loan Approval Gross Amount $85,000 Loan Approval from the SBA Of the total $85,000 loan amount, the SBA guaranteed $42,500. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Who Lends Money to Small Businesses in Elk River, Minnesota
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