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May 16, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Fargo, Business Loans > Bremer Bank Fargo Business Loans > Radio Stations Loan | ||||
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North Dakota Bank SBA Loans
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Fargo, North Dakota Lender Lends Money to Radio Stations CompanyA Fargo, North Dakota business loan can be yours. Learn how a company got a $851,000 business loan from this North Dakota bank. This loan to an entrepreneur is a good example of an SBA loan. Bremer Bank 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: RADIO STATIONS SBA Loan Lender BREMER BANK This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 515112 - Radio Stations Loan Approval Date 6/27/2007 Loan Approval Gross Amount $851,000 Loan Approval from the SBA Of the total $851,000 loan amount, the SBA guaranteed $638,250. 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 12 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 8 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $851,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Find an SBA Lender in Fargo, North Dakota Find an SBA Lender in North Dakota
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