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May 17, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > South Saint Paul, Business Loans > Bremer Bank South Saint Paul Business Loans > Wholesale Trade Agents And Brokers Loan | ||||
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Bremer Bank
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Burnsville, Minnesota Business Gets SBA-Guaranteed Funding from Bremer BankBremer Bank has a track record as a leading provider of SBA loans. Find out how this Minnesota entrepreneur received an SBA loan from them. Getting a small business loan in Burnsville, Minnesota was an essential business goal for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Bremer Bank, operating out of South Saint Paul, Minnesota. Here are the details on this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: WHOLESALE TRADE AGENTS AND BROKERS SBA Loan Lender BREMER BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 425120 - Wholesale Trade Agents and Brokers Loan Approval Date 10/12/2007 Loan Approval Gross Amount $833,333 Loan Approval from the SBA Of the total $833,333 loan amount, the SBA guaranteed $749,999. 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 loan application indicated that the loan would help retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bremer Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Small Bank Loans in South Saint Paul, Minnesota
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