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May 19, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Watertown, Business Loans > Bremer Bank Watertown Business Loans > Packaged Frozen Food Wholesalers Loan | ||||
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Watertown Lenders
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Entrepreneur Works With Watertown, Minnesota Bank to Get an SBA LoanGet SBA loans from a Watertown, Minnesota bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Bremer Bank is a Watertown, Minnesota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Minnesota company. SBA Loan Borrower COMPANY TYPE: PACKAGED FROZEN FOOD WHOLESALERS SBA Loan Lender BREMER BANK This SBA 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 422420 - Packaged Frozen Food Wholesalers Loan Approval Date 9/26/2002 Loan Approval Gross Amount $833,333 Loan Approval from the SBA Of the total $833,333 loan amount, the SBA guaranteed $750,000. 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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This SBA loan was for $833,333. How would you spend $833,333 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: A Company That Helps Entrepreneurs SBA Approved Banks in Watertown, Minnesota
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