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April 29, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Wayzata, Business Loans > Anchor Bank Wayzata Business Loans > Pirtek Midway Loan | ||||
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St. Paul, Minnesota Bank for SBA Loans
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Anchor Bank Provides SBA Loan to Buy Pirtek Usa FranchiseNeed money to purchase a Pirtek Usa franchise? Anchor Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Pirtek Usa franchise? If so, here's a 2000 SBA franchise loan that you should know about. Anchor Bank was the lender and the entrepreneur was based in St. Paul, Minnesota. SBA Loan Borrower PIRTEK MIDWAY SBA Loan Lender ANCHOR BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5039 - Construction Materials Loan Approval Date 8/1/2000 Loan Approval Gross Amount $420,000 Loan Approval from the SBA Of the total $420,000 loan amount, the SBA guaranteed $315,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Pirtek Usa franchise. At the time of the loan, the company had 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs. Next Steps for Getting an SBA Loan 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. This SBA loan was for $420,000. How would you spend $420,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Realistic Debt Financing Options SBA 7A Banks in Wayzata, Minnesota
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