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May 2, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Saint Paul, Business Loans > American Bank Of St. Paul Saint Paul Business Loans > Personal Care Services Loan | ||||
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SBA 7A Banks for Small Business Owners in Minnesota
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St. Anthony, Minnesota Entrepreneur Gets an SBA LoanLooking to get a Minnesota small business loan? This Minnesota entrepreneur got a small business loan, provided by a Minnesota bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in St. Anthony, Minnesota by studying this loan to a local company, made back in 2006. Banks like American Bank Of St. Paul may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: PERSONAL CARE SERVICES SBA Loan Lender AMERICAN BANK OF ST. PAUL As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812199 - Personal Care Services Loan Approval Date 8/2/2006 Loan Approval Gross Amount $171,400 Loan Approval from the SBA Of the total $171,400 loan amount, the SBA guaranteed $128,550. More Information on This SBA Loan The borrower borrowed this money for a new 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 application for the borrower indicated that the borrowed money would help create 8 new jobs. Great, But How Can I Get an SBA Loan for My Business? If you want money for new small business in St. Anthony MN, you ought to talk with a local St. Anthony SBA lender or talk with an out-of-area SBA lender that has previously loaned money to St. Anthony businesses. We can help you find the best banks for small businesses in St. Anthony 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: Banking Deregulation's Effects on Entrepreneurship SBA Banks in Saint Paul, Minnesota Getting an SBA Loan in Minnesota
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