Get an SBA Loan for Sporting Goods Stores

Looking for small business loans for sporting goods stores? The SBA may be the answer. This $75,100 sporting goods stores loan was issued by a North Dakota bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Kirkwood Bank And Trust, out of Bismarck, North Dakota. The loan was granted and they received $75,100 to help grow their Bismarck, North Dakota business.

SBA Loan Borrower

COMPANY TYPE: SPORTING GOODS STORES AND BICYCLE SHOPS
BISMARCK, ND 58501

SBA Loan Lender

KIRKWOOD BANK AND TRUST
2911 N 14TH ST
BISMARCK, ND 58503

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5941 - Sporting Goods Stores and Bicycle Shops

NAICS Code

451110 - Sporting Goods Stores

Loan Approval Date

2/12/2002

Loan Approval Gross Amount

$75,100

Loan Approval from the SBA

Of the total $75,100 loan amount, the SBA guaranteed $63,835.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Bismarck ND, you ought to talk with a local Bismarck SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bismarck businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Business Cash Advances

SBA Participating Banks in Bismarck, North Dakota

Getting an SBA Loan in North Dakota