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May 17, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Burnsville, Business Loans > Kleinbank Burnsville Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
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Burnsville, Minnesota Bank for SBA Loans
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Entrepreneur Works With Burnsville, Minnesota Bank to Get an SBA LoanWant to talk with a Burnsville, Minnesota bank about a business loan? Here's one Minnesota business loan, issued by a Burnsville bank, that was approved by the SBA. Applying for an SBA loan with Kleinbank worked out well for our friends at one local company in Maplewood, Minnesota. The business was able to get an SBA loan for $455,000. Great job! SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender KLEINBANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 3/17/2005 Loan Approval Gross Amount $455,000 Loan Approval from the SBA Of the total $455,000 loan amount, the SBA guaranteed $341,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money We can help you find the best banks for small businesses in Maplewood or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 7A Banks for Burnsville, Minnesota Loans
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