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May 9, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Minot, Business Loans > Bremer Bank Minot Business Loans > Sawmills And Planing Mills, General Loan | ||||
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SBA Lender Minot, North Dakota
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Minot, North Dakota Lender Lends Money to Sawmills And Planing Mills, General CompanyThinking about meeting with a Minot, North Dakota bank about a small business loan? Here's one North Dakota business loan, issued by a Minot bank, that was approved by the SBA. Applying for an SBA loan with Bremer Bank worked out well for our friends at one local business in Minot, North Dakota. They received an SBA loan for $41,600. Great job! SBA Loan Borrower COMPANY TYPE: SAWMILLS AND PLANING MILLS, GENERAL SBA Loan Lender BREMER BANK This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2421 - Sawmills and Planing Mills, General Loan Approval Date 6/30/2000 Loan Approval Gross Amount $41,600 Loan Approval from the SBA Of the total $41,600 loan amount, the SBA guaranteed $31,200. 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Minot 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: Role of Business Plan When Raising Money SBA 7A Banks in Minot, North Dakota
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