Loan Census Banking News and Information
May 16, 2024  
 
 
  Business Loan Information  
 

Edina, Minnesota Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Edina, Minnesota Bank Gives SBA Loan to Marketing Research And Public Opinion Polling Company

Get business loans from an Edina, Minnesota bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Tradition Capital Bank is a Edina, Minnesota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Minnesota company.

SBA Loan Borrower

COMPANY TYPE: MARKETING RESEARCH AND PUBLIC OPINION POLLING
PLYMOUTH, MN 55447

SBA Loan Lender

TRADITION CAPITAL BANK
7601 FRANCE AVE SOUTH, STE 14
EDINA, MN 55435

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541910 - Marketing Research and Public Opinion Polling

Loan Approval Date

6/21/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 75 employees. This SBA loan request indicated that the borrowed money would help generate 50 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Borrowing Money from Friends and Family

SBA 7A Banks for Edina, Minnesota Loans

Getting a Business Loan in Minnesota