Bank Loans for Pipeline Transportation of Refined Patroleum Products

Looking for bank loans for pipeline transportation of refined patroleum products? The SBA may be the answer. This $35,000 pipeline transportation of refined patroleum products loan was issued by an Utah bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bank Of The West, out of Salt Lake City, Utah. The loan was granted and they received $35,000 to help grow their Danvers, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: PIPELINE TRANSPORTATION OF REFINED PATROLEUM PRODUCTS
DANVERS, MN 56231

SBA Loan Lender

BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

486910 - Pipeline Transportation of Refined Patroleum Products

Loan Approval Date

12/29/2003

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $29,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds 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 company in Danvers MN, you ought to talk with a local Danvers SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Danvers businesses.

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, things become real when you believe you can achieve them!

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:

Direct Public Offerings

Small Business Banks in Salt Lake City, Utah

Utah SBA 7A Banks