Loan Census Banking News and Information
May 18, 2024  
 
 
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Small Business Banks for Jamestown, North Dakota Businesses

 

 
Loan Census SBA Loan Info

Where to Get Capital for Drywall, Plastering, Acoustical, and Insulation Contractors

Looking for SBA loans for drywall, plastering, acoustical, and insulation contractors? An SBA loan may be just what you've been looking for. This $30,000 drywall, plastering, acoustical, and insulation contractors loan was issued by a North Dakota bank.

Getting a small business loan in Jamestown, North Dakota was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Forward, operating out of Jamestown, North Dakota. Here are the details on this North Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: CONCRETE WORK
JAMESTOWN, ND 58401

SBA Loan Lender

BANK FORWARD
400 2ND AVE SW
JAMESTOWN, ND 58401

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 loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1771 - Concrete Work

NAICS Code

235420 - Drywall, Plastering, Acoustical, and Insulation Contractors

Loan Approval Date

8/12/2002

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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.

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