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April 29, 2024 |
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| Home > Small Business Lenders by State > South Dakota Business Loan Sources > Sioux Falls, Business Loans > Home Federal Bank Sioux Falls Business Loans > Cke Enterprises, LLC Loan | ||||
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Sioux Falls, South Dakota Bank for SBA Loans
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Sioux Falls, SD Entrepreneur Gets SBA Loan to Buy Club Z FranchiseNeed money to purchase a Club Z franchise? Home Federal Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Sioux Falls, South Dakota and are interested in buying a Club Z franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by Home Federal Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower CKE ENTERPRISES, LLC SBA Loan Lender HOME FEDERAL BANK This SBA loan was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 611430 - Professional and Management Development Training Loan Approval Date 10/10/2006 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $51,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Club Z franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the borrowed money would help generate 2 new jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $60,000. How would you spend $60,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Best Banks in Sioux Falls, South Dakota Find an SBA Lender in South Dakota
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