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May 10, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Window Treatment Stores Loan | ||||
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What Does It Take to Get a Business Loan in Burnsville, Minnesota?
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Bank Loans for Window Treatment StoresLooking for bank loans for window treatment stores? Talk to a banker who works with the SBA. This $1,270,000 window treatment stores loan was issued by an Ohio bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Burnsville, Minnesota was able to borrow $1,270,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $952,500 of this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: WINDOW TREATMENT STORES SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442291 - Window Treatment Stores Loan Approval Date 9/21/2006 Loan Approval Gross Amount $1,270,000 Loan Approval from the SBA Of the total $1,270,000 loan amount, the SBA guaranteed $952,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 21 employees. The SBA loan application for the borrower indicated that the loan would help retain 21 existing jobs. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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:
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