 |
 |
May 5, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > South Dakota Business Loan Sources > Sioux Falls, Business Loans > First Midwest Bank Sioux Falls Business Loans > Meat Markets Loan | ||||
 |
||||
SBA Lender Harrisburg
|
||||
 |
Harrisburg, South Dakota Business Gets SBA-Guaranteed Funding from First Midwest BankAn SBA loan from First Midwest Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Harrisburg, South Dakota business owner got a $58,694 loan. This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First Midwest Bank, out of Sioux Falls, South Dakota. The loan was granted and they received $58,694 to help grow their Harrisburg, South Dakota business. SBA Loan Borrower COMPANY TYPE: MEAT MARKETS SBA Loan Lender FIRST MIDWEST BANK The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445210 - Meat Markets Loan Approval Date 6/21/2006 Loan Approval Gross Amount $58,694 Loan Approval from the SBA Of the total $58,694 loan amount, the SBA guaranteed $49,890. 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 3 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: SBA Participating Banks in Sioux Falls, South Dakota
|
|
||
|
||||
|
|
||||