North Dakota SBA Loan Issued to Pet Care Services Company

Small business loans in North Dakota are are few and far betweeen these days. We take a look at one North Dakota small business loan, provided by a North Dakota bank, that was approved by the SBA.

Getting a small business loan in Bismarck, North Dakota was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Starion Financial. Here are the details on this North Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: PET CARE SERVICES
BISMARCK, ND 58501

SBA Loan Lender

STARION FINANCIAL
333 N 4TH
BISMARCK, ND 58501

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

812910 - Pet Care Services

Loan Approval Date

6/22/2007

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

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 2 employees. The SBA loan documents indicated that the funding would help generate 2 new jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $35,000 loan. Remember, you control your own destiny.

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.

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