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May 9, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Minot, Business Loans > Bremer Bank Minot Business Loans > Poured Concrete Foundation And Structure Contractors Loan | ||||
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North Dakota SBA 7A Lenders
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Entrepreneur Works With Minot, North Dakota Bank to Get an SBA LoanGet to know Minot, North Dakota banks that specialize in SBA loans and know how to work with entrepreneurs. Bremer Bank is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Devils Lake, North Dakota starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Bremer Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS SBA Loan Lender BREMER BANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 238110 - Poured Concrete Foundation and Structure Contractors Loan Approval Date 3/2/2005 Loan Approval Gross Amount $117,000 Loan Approval from the SBA Of the total $117,000 loan amount, the SBA guaranteed $58,500. 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. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Find an SBA Lender in Minot, North Dakota
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