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May 9, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Rolla, Business Loans > Dacotah Bank Rolla Business Loans > Local Trucking Without Storage Loan | ||||
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North Dakota SBA 7A Lenders
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Rolla, North Dakota Bank Gives SBA Loan to Local Trucking Without Storage CompanyWant to talk with a Rolla, North Dakota bank about a small business loan? Here's one North Dakota business loan, issued by a Rolla bank, that was approved by the SBA. Applying for an SBA loan with Dacotah Bank worked out well for our friends at one local firm in Dunseith, North Dakota. They received an SBA loan for $185,000. Sweet! SBA Loan Borrower COMPANY TYPE: LOCAL TRUCKING WITHOUT STORAGE SBA Loan Lender DACOTAH BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4212 - Local Trucking Without Storage NAICS Code 484220 - Specialized Local Freight Trucking Loan Approval Date 6/22/2005 Loan Approval Gross Amount $185,000 Loan Approval from the SBA Of the total $185,000 loan amount, the SBA guaranteed $138,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 43 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Dunseith or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Business Banks in Rolla, North Dakota
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