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May 17, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Garrison, Business Loans > Garrison State Bank And Trust Garrison Business Loans > Offices And Clinics Of Dentists Loan | ||||
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Garrison, North Dakota SBA Banks
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Garrison, North Dakota Lender Lends Money to Offices And Clinics Of Dentists CompanyA Garrison, North Dakota business loan can be yours. Learn how a business got a $115,000 business loan from this North Dakota bank. This loan to an entrepreneur is a good example of an SBA loan. Garrison State Bank And Trust made the loan and the SBA guaranteed a portion of the loan. Many other North Dakota entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: OFFICES AND CLINICS OF DENTISTS SBA Loan Lender GARRISON STATE BANK AND TRUST This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8021 - Offices and Clinics of Dentists NAICS Code 621210 - Dentists Loan Approval Date 11/12/2002 Loan Approval Gross Amount $115,000 Loan Approval from the SBA Of the total $115,000 loan amount, the SBA guaranteed $86,250. 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 8 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Garrison State Bank And Trust and they will explain how you can get an SBA loan for your company. 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: Best Garrison, North Dakota Banks for Small Business
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