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May 5, 2024 |
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| Home > Small Business Lenders by State > South Dakota Business Loan Sources > Sioux Falls, Business Loans > First Midwest Bank Sioux Falls Business Loans > Meat And Fish Market Loan | ||||
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Tea, South Dakota Bank Loan
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Where to Get Capital for Meat MarketsLooking for SBA loans for meat markets? The SBA may be the answer. This $383,000 meat markets loan was issued by a South Dakota bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tea, South Dakota was able to borrow $383,000 from First Midwest Bank. The SBA made the loan possible by guaranteeing $287,250 of this South Dakota small business loan. SBA Loan Borrower COMPANY TYPE: MEAT AND FISH MARKET SBA Loan Lender FIRST MIDWEST BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5421 - Meat and Fish Market NAICS Code 445210 - Meat Markets Loan Approval Date 3/4/2004 Loan Approval Gross Amount $383,000 Loan Approval from the SBA Of the total $383,000 loan amount, the SBA guaranteed $287,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Best Sioux Falls, South Dakota Banks for Small Business Getting an SBA Loan in South Dakota
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