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May 18, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Hettinger, Business Loans > Dacotah Bank Hettinger Business Loans > Grocery Stores Loan | ||||
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Dacotah Bank Small Business Loans Hettinger, ND
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Dacotah Bank SBA Loan to Grocery Stores CompanyDacotah Bank has a track record as a leading provider of SBA loans. Find out how this North Dakota entrepreneur received an SBA loan from them. This business knew how to go about getting a business bank loan. Based in Hettinger, North Dakota, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Dacotah Bank, based in Hettinger, North Dakota. SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender DACOTAH BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores NAICS Code 445110 - Supermarkets and Grocery Stores Loan Approval Date 6/11/2002 Loan Approval Gross Amount $301,200 Loan Approval from the SBA Of the total $301,200 loan amount, the SBA guaranteed $225,900. 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 18 employees. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must 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: Raising VC Money for Social Networking Companies Best Banks for Small Business in Hettinger, North Dakota
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