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May 18, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Buffalo Lake, Business Loans > Cenbank Buffalo Lake Business Loans > Highway, Street, And Bridge Construction Loan | ||||
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Buffalo Lake Lenders
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Buffalo Lake, Minnesota Bank Lends Money to Highway, Street, And Bridge Construction Company in Buffalo Lake, MinnesotaThinking about meeting with a Buffalo Lake, Minnesota bank about an SBA loan? Here's one Minnesota business loan, issued by a Buffalo Lake bank, that was approved by the SBA. Applying for an SBA loan with Cenbank worked out well for our friends at one local business in Buffalo Lake, Minnesota. They got an SBA loan for $20,000. Awesome! SBA Loan Borrower COMPANY TYPE: HIGHWAY, STREET, AND BRIDGE CONSTRUCTION SBA Loan Lender CENBANK This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 237310 - Highway, Street, and Bridge Construction Loan Approval Date 7/12/2006 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. 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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Buffalo Lake or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Obtaining Funding - Friends and Family Find an SBA Lender in Buffalo Lake, Minnesota
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