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May 7, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Ramsey, Business Loans > Landmark Commun Bank Ramsey Business Loans > Beauty Salons Loan | ||||
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Small Business Banks for Blaine Businesses
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Local Business Gets a Minnesota Bank LoanLooking to get a Minnesota business loan? This Minnesota entrepreneur got a business loan, provided by a Minnesota bank that works with the SBA to help small business owners. Getting a small business loan in Blaine, Minnesota was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Landmark Commun Bank. Here are the details on this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender LANDMARK COMMUN BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812112 - Beauty Salons Loan Approval Date 2/3/2004 Loan Approval Gross Amount $292,000 Loan Approval from the SBA Of the total $292,000 loan amount, the SBA guaranteed $219,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $292,000 loan. Remember, if it to be, it is up to me! 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 Small Bank Loans in Ramsey, Minnesota
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