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May 13, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Minneapolis, Business Loans > Associated Bank Minneapolis Business Loans > Bolts, Nuts, Screws, Rivets, And Washers Loan | ||||
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What Does It Take to Get a Business Loan in Franklin Avenue, Minnesota?
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Business Loans for Bolt, Nut, Screw, Rivet, and Washer ManufacturingWith these business loans for bolt, nut, screw, rivet, and washer manufacturing, the SBA guarantees the lender that the loan will be repaid. This bolt, nut, screw, rivet, and washer manufacturing loan for $226,000 was given to a Minnesota entrepreneur in 2000. This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Associated Bank, out of Minneapolis, Minnesota. The loan was granted and they received $226,000 to help grow their Franklin Avenue, Minnesota business. SBA Loan Borrower COMPANY TYPE: BOLTS, NUTS, SCREWS, RIVETS, AND WASHERS SBA Loan Lender ASSOCIATED BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3452 - Bolts, Nuts, Screws, Rivets, and Washers NAICS Code 332722 - Bolt, Nut, Screw, Rivet, and Washer Manufacturing Loan Approval Date 10/13/2000 Loan Approval Gross Amount $226,000 Loan Approval from the SBA Of the total $226,000 loan amount, the SBA guaranteed $169,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: The Friends and Family Network Where to Get an SBA Loan in Minneapolis, Minnesota Getting an SBA Loan in Minnesota
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