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May 7, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Minneapolis, Business Loans > Wells Fargo Bank Minneapolis Business Loans > Sign Manufacturing Loan | ||||
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How Do We Get a Business Loan in Ham Lake, Minnesota?
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SBA Loans for Sign ManufacturingLooking for SBA loans for sign manufacturing? Try the SBA. This $780,000 sign manufacturing loan was issued by a Minnesota bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ham Lake, Minnesota was able to borrow $780,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $585,000 of this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: SIGN MANUFACTURING SBA Loan Lender WELLS FARGO BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339950 - Sign Manufacturing Loan Approval Date 8/31/2001 Loan Approval Gross Amount $780,000 Loan Approval from the SBA Of the total $780,000 loan amount, the SBA guaranteed $585,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 24 employees. The SBA loan documents indicated that the loan would help retain 24 existing jobs. Next Steps for Getting an SBA Loan If you are raising money in Ham Lake MN, you ought to talk with a local Ham Lake SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ham Lake businesses. 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: Determining Proper Capital Structure for a Business SBA 7A Lenders in Minneapolis, Minnesota
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