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May 17, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Cokato, Business Loans > State Bank Of Cokato Cokato Business Loans > Drywall And Insulation Contractors Loan | ||||
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We Needed a Business Loan in Cokato, Minnesota and We Got One!
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Raising Money for Drywall and Insulation ContractorsLooking for business loans for drywall and insulation contractors? Talk to a banker who works with the SBA. This $150,000 drywall and insulation contractors loan was issued by a Minnesota bank. This business knew how to go about getting a business bank loan. Based in Cokato, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was State Bank Of Cokato, based in Cokato, Minnesota. SBA Loan Borrower COMPANY TYPE: DRYWALL AND INSULATION CONTRACTORS SBA Loan Lender STATE BANK OF COKATO This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 238310 - Drywall and Insulation Contractors Loan Approval Date 12/16/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 16 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 16 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Where to Get an SBA Loan in Cokato, Minnesota Getting an SBA Loan in Minnesota
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