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May 14, 2024  
 
 
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North Dakota SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Strasburg, North Dakota Lender Lends Money to Farm Product Warehousing And Storage Company

Get SBA loans from a Strasburg, North Dakota bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Strasburg State Bank is a Strasburg, North Dakota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a North Dakota company.

SBA Loan Borrower

COMPANY TYPE: FARM PRODUCT WAREHOUSING AND STORAGE
HAGUE, ND 58542

SBA Loan Lender

STRASBURG STATE BANK
720 MAIN ST
STRASBURG, ND 58573

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4221 - Farm Product Warehousing and Storage

NAICS Code

493130 - Farm Product Warehousing and Storage

Loan Approval Date

1/25/2006

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 6 employees. This SBA loan request did not indicate that the small 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!

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Hague or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

SBIR Funding

Find an SBA Lender in Strasburg, North Dakota

North Dakota SBA 7A Banks