Loan Census Banking News and Information
May 19, 2024  
 
 
  Business Loan Information  
 

I Need a Business Loan in Clark, South Dakota

 

 
Loan Census SBA Loan Info

Cosmetics, Beauty Supplies, and Perfume Stores Business Loans

Looking for business loans for cosmetics, beauty supplies, and perfume stores? An SBA loan may be just what you've been looking for. This $132,000 cosmetics, beauty supplies, and perfume stores loan was issued by a South Dakota bank.

Getting a small business loan in Clark, South Dakota was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Dacotah Bank, operating out of Clark, South Dakota. Here are the details on this South Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: COSMETICS, BEAUTY SUPPLIES, AND PERFUME STORES
CLARK, SD 57225

SBA Loan Lender

DACOTAH BANK
113 N COMMERCIAL ST
CLARK, SD 57225

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446120 - Cosmetics, Beauty Supplies, and Perfume Stores

Loan Approval Date

6/27/2006

Loan Approval Gross Amount

$132,000

Loan Approval from the SBA

Of the total $132,000 loan amount, the SBA guaranteed $112,200.

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 5 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Clark SD, you ought to talk with a local Clark SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Clark businesses.

This SBA loan was for $132,000. How would you spend $132,000 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:

Dealing With Venture Capitalists

Banks in Clark, South Dakota

South Dakota SBA 7A Lenders