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May 12, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Everest, Business Loans > The Union State Bank Everest Business Loans > Plate Work Manufacturing Loan | ||||
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Advice for Small Businesses On Getting a Loan
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Financing for Plate Work ManufacturingLooking for loans for plate work manufacturing? The SBA may be the answer. This $25,000 plate work manufacturing loan was issued by a Kansas bank. This company knew how to go about getting a business bank loan. Based in West Fargo, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was The Union State Bank, based in Everest, Kansas. SBA Loan Borrower COMPANY TYPE: PLATE WORK MANUFACTURING SBA Loan Lender THE UNION STATE BANK This SBA bank 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 332313 - Plate Work Manufacturing Loan Approval Date 5/26/2006 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 18 employees. The loan application indicated that the loan would help retain 18 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: How Much Venture Capital Is There?
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