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May 18, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Saint Cloud, Business Loans > Bremer Bank Saint Cloud Business Loans > Animal Food Manufacturing Loan | ||||
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Bremer Bank Business Loans
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SBA Loans for Animal Food ManufacturingLooking for SBA loans for animal food manufacturing? An SBA loan may be just what you've been looking for. This $295,000 animal food manufacturing loan was issued by a Minnesota bank. This business knew how to go about getting a business bank loan. Based in Clements, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Bremer Bank, based in Saint Cloud, Minnesota. SBA Loan Borrower COMPANY TYPE: ANIMAL FOOD MANUFACTURING SBA Loan Lender BREMER BANK This lender provides SBA small business 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 311119 - Animal Food Manufacturing Loan Approval Date 12/8/2006 Loan Approval Gross Amount $295,000 Loan Approval from the SBA Of the total $295,000 loan amount, the SBA guaranteed $221,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Realistic Debt Financing Options SBA Participating Banks in Saint Cloud, Minnesota
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