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April 19, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Phoenix, Business Loans > Bnc National Bank Phoenix Business Loans > Engelhardt Enterprises, LLC Loan | ||||
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Bismarck, North Dakota Bank for SBA Loans
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Bnc National Bank Provides SBA Loan to Buy Taco Del Mar FranchiseBorrowing money to purchase a Taco Del Mar franchise? Bnc National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Bismarck, North Dakota needed money to invest in a Taco Del Mar franchise back in 2007. Bnc National Bank issued an SBA franchise loan. Here are the details on this North Dakota small business loan. SBA Loan Borrower ENGELHARDT ENTERPRISES, LLC SBA Loan Lender BNC NATIONAL BANK This lender processed this 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 722211 - Limited-Service Restaurants Loan Approval Date 8/27/2007 Loan Approval Gross Amount $134,500 Loan Approval from the SBA Of the total $134,500 loan amount, the SBA guaranteed $67,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Taco Del Mar franchise. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 12 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. 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 Bnc National Bank 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: Where to Get an SBA Loan in Phoenix, Arizona
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