 |
 |
May 18, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Fargo, Business Loans > Union State Bank Of Fargo Fargo Business Loans > Plate Work Manufacturing Loan | ||||
 |
||||
Banks in Fargo, North Dakota That Make SBA Loans
|
||||
 |
Fargo, North Dakota Bank Lends Money to Plate Work Manufacturing Company in West Fargo, North DakotaGet to know Fargo, North Dakota banks that specialize in SBA loans and know how to work with entrepreneurs. Union State Bank Of Fargo is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in West Fargo, North Dakota starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Union State Bank Of Fargo. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: PLATE WORK MANUFACTURING SBA Loan Lender UNION STATE BANK OF FARGO This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 9/14/2006 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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 18 employees. This SBA loan request indicated that the loan would help retain 18 existing jobs. Next Steps for Getting an SBA Loan If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source This SBA loan was for $50,000. How would you spend $50,000 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: Where to Get an SBA Loan in Fargo, North Dakota
|
|
||
|
||||
|
|
||||