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May 18, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Mountain Lake, Business Loans > United Prairie Bank Mountain Lake Business Loans > Farm And Garden Machinery And Equipment Wholesalers Loan | ||||
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Minnesota SBA Lenders
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Mountain Lake, Minnesota Bank Gives SBA Loan to Farm And Garden Machinery And Equipment Wholesalers CompanyGet small business loans from a Mountain Lake, Minnesota 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. United Prairie Bank is a Mountain Lake, Minnesota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Minnesota company. SBA Loan Borrower COMPANY TYPE: FARM AND GARDEN MACHINERY AND EQUIPMENT WHOLESALERS SBA Loan Lender UNITED PRAIRIE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421820 - Farm and Garden Machinery and Equipment Wholesalers Loan Approval Date 12/9/2002 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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 84 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan If you are wondering how to raise money for a company in Mountain Lake MN, you ought to talk with a local Mountain Lake SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mountain Lake businesses. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Banks in Mountain Lake, Minnesota
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