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May 16, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Plainview, Business Loans > 1st National Bank - Plainview Plainview Business Loans > Convention And Trade Show Organizers Loan | ||||
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Small Business Banks in Minnesota
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Convention and Trade Show Organizers Small Business LoansLooking for small business loans for convention and trade show organizers? Talk to a banker who works with the SBA. This $211,000 convention and trade show organizers loan was issued by a Minnesota bank. Getting a small business loan in Elgin, Minnesota was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank - Plainview, operating out of Plainview, Minnesota. Here are the details on this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: CONVENTION AND TRADE SHOW ORGANIZERS SBA Loan Lender 1ST NATIONAL BANK - PLAINVIEW This lender processed this business 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 561920 - Convention and Trade Show Organizers Loan Approval Date 6/4/2004 Loan Approval Gross Amount $211,000 Loan Approval from the SBA Of the total $211,000 loan amount, the SBA guaranteed $105,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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: Where to Get an SBA Loan in Plainview, Minnesota
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