Business Loan from Town & Country Cu Given to Drinking Places Company

An SBA loan from Town & Country Cu typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Minot, North Dakota business owner got a $71,800 loan.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Town & Country Cu, out of Minot, North Dakota. The loan was granted and they received $71,800 to help grow their Minot, North Dakota business.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
MINOT, ND 58701

SBA Loan Lender

TOWN & COUNTRY CU
615 S BROADWAY
MINOT, ND 58702

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

722410 - Drinking Places

Loan Approval Date

3/21/2006

Loan Approval Gross Amount

$71,800

Loan Approval from the SBA

Of the total $71,800 loan amount, the SBA guaranteed $35,900.

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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Town & Country Cu are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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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