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April 29, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Lake Crystal, Business Loans > Minnstar Bank Lake Crystal Business Loans > Jet Black Loan | ||||
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Small Business Banks for Lake Crystal Small Businesses
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Loan to Buy Jet-Black International Franchise Issued By Minnstar BankNeed money to invest in a Jet-Black International franchise? Minnstar Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Jet-Black International franchise requires some effort but others before you have been successful. In 2004, Minnstar Bank issued an SBA franchise loan to an entrepreneur in Lake Crystal, Minnesota. Because Jet-Black International was registered with the SBA's registry of franchises, this Minnesota small business loan was issued on an expedited basis. SBA Loan Borrower JET BLACK SBA Loan Lender MINNSTAR BANK This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 235990 - Special Trade Contractors Loan Approval Date 11/23/2004 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $30,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Jet-Black International franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: SBA 7A Lenders in Lake Crystal, Minnesota
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