SBA Loans for Real Estate Appraisers

Looking for SBA loans for real estate appraisers? Talk to a banker who works with the SBA. This $175,000 real estate appraisers loan was issued by a Minnesota bank.

This small business knew how to go about getting a business bank loan. Based in Roseville, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Anchor Bank Heritage, based in North Saint Paul, Minnesota.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE APPRAISERS
ROSEVILLE, MN 55113

SBA Loan Lender

ANCHOR BANK HERITAGE
2700 E 7TH AVE
NORTH SAINT PAUL, MN 55109

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531320 - Real Estate Appraisers

Loan Approval Date

2/25/2002

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $131,250.

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 17 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start business in Roseville MN, you ought to talk with a local Roseville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Roseville businesses.

We can help you find the best banks for small businesses in Roseville 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:

Business Line of Credit

Best North Saint Paul, Minnesota Banks for Small Business

Getting an SBA Loan in Minnesota