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

How Do We Get a Business Loan in Fargo, North Dakota?

 

 
Loan Census SBA Loan Info

Where to Get Capital for Interior Design Services

Looking for small business loans for interior design services? Try the SBA. This $68,757 interior design services loan was issued by a North Dakota bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Visionbank, out of Fargo, North Dakota. The loan was granted and they received $68,757 to help grow their Fargo, North Dakota business.

SBA Loan Borrower

COMPANY TYPE: INTERIOR DESIGN SERVICES
FARGO, ND 58103

SBA Loan Lender

VISIONBANK
3000 25TH ST SOUTH
FARGO, ND 58103

This lender processed this SBA small business 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

541410 - Interior Design Services

Loan Approval Date

2/17/2006

Loan Approval Gross Amount

$68,757

Loan Approval from the SBA

Of the total $68,757 loan amount, the SBA guaranteed $34,378.

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. The SBA loan documents indicated that the loan would help generate 1 new job and retain 5 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Visionbank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

How Equity Dilution Works

Small Business Banks in Fargo, North Dakota

Browse All Business Loan Sources for North Dakota