Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Bismarck, North Dakota

 

 
Loan Census SBA Loan Info

North Dakota Entrepreneur Secures Financing to Buy Ace Hardware Franchise

Need a loan to purchase an Ace Hardware franchise? Starion Financial has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Ace Hardware franchise shouldn't be overly burdensome. In 2005, Starion Financial issued an SBA franchise loan to an entrepreneur in Bismarck, North Dakota. Because Ace Hardware was registered with the SBA's registry of franchises, this North Dakota small business loan was issued on an expedited basis.

SBA Loan Borrower

KIRKWOOD ACE HARDWARE
BISMARCK, ND 58504

SBA Loan Lender

STARION FINANCIAL
333 N 4TH
BISMARCK, ND 58501

This business 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

444130 - Hardware Stores

Loan Approval Date

12/15/2005

Loan Approval Gross Amount

$65,500

Loan Approval from the SBA

Of the total $65,500 loan amount, the SBA guaranteed $32,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy an Ace Hardware franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

This SBA loan was for $65,500. How would you spend $65,500 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:

ACE Hardware

Strategic Investors

SBA 7A Banks for Bismarck, North Dakota Loans

Find an SBA Lender in North Dakota