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May 8, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > New Richmond, Business Loans > Anchorbank, Fsb New Richmond Business Loans > Caterers Loan | ||||
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Minnesota Small Business Funding
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Bank Loans for CaterersLooking for bank loans for caterers? The SBA may be the answer. This $51,000 caterers loan was issued by a Wisconsin bank. Getting a small business loan in Lakeland, Minnesota was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Anchorbank, Fsb, operating out of New Richmond, Wisconsin. Here are the details on this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: CATERERS SBA Loan Lender ANCHORBANK, FSB SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722320 - Caterers Loan Approval Date 1/12/2006 Loan Approval Gross Amount $51,000 Loan Approval from the SBA Of the total $51,000 loan amount, the SBA guaranteed $38,250. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the funding would help generate 10 new jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a company in Lakeland MN, you ought to talk with a local Lakeland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lakeland businesses. 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: How Much Venture Capital Is There? SBA Banks in New Richmond, Wisconsin
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