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May 18, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Dickinson, Business Loans > Bank Of The West Dickinson Business Loans > Crop Preparation Service For Market Loan | ||||
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North Dakota Bank SBA Loans
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Bank Of The West SBA Loan to Crop Preparation Service For Market CompanyLooking to get a North Dakota business loan? Here's one North Dakota business loan that was approved by the SBA. This local small business knew how to go about getting a business bank loan. Based in Dickinson, North Dakota, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Bank Of The West, based in Dickinson, North Dakota. SBA Loan Borrower COMPANY TYPE: CROP PREPARATION SERVICE FOR MARKET SBA Loan Lender BANK OF THE WEST This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 0723 - Crop Preparation Service for Market Loan Approval Date 6/22/2000 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $93,750. 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 3 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Role of Business Plan When Raising Money SBA Participating Banks in Dickinson, North Dakota
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