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May 9, 2024 |
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| Home > Small Business Lenders by State > South Dakota Business Loan Sources > Spearfish, Business Loans > Great Western Bank Spearfish Business Loans > Meats And Meat Products Loan | ||||
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Spearfish, South Dakota Bank Loan
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Get an SBA Loan for Meat and Meat Product WholesalersLooking for small business loans for meat and meat product wholesalers? The SBA may be the answer. This $250,000 meat and meat product wholesalers loan was issued by a South Dakota bank. This company knew how to go about getting a business bank loan. Based in Spearfish, South Dakota, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Great Western Bank, based in Spearfish, South Dakota. SBA Loan Borrower COMPANY TYPE: MEATS AND MEAT PRODUCTS SBA Loan Lender GREAT WESTERN BANK This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5147 - Meats and Meat Products NAICS Code 422470 - Meat and Meat Product Wholesalers Loan Approval Date 12/2/2003 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $187,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We can help you find the best banks for small businesses in Spearfish 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: Who Lends Money to Small Businesses in Spearfish, South Dakota Find an SBA Lender in South Dakota
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