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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 > Wineries Loan | ||||
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How to Get SBA Loans in Spicer, Minnesota
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Financing for WineriesLooking for loans for wineries? Try the SBA. This $15,000 wineries loan was issued by a Minnesota bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Spicer, Minnesota was able to borrow $15,000 from United Prairie Bank. The SBA made the loan possible by guaranteeing $12,750 of this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: WINERIES 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 SBA small 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 312130 - Wineries Loan Approval Date 4/6/2007 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $12,750. 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 5 employees. This SBA loan request indicated that the borrowed money would help create 5 new jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like United Prairie Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Good Banks for Small Business in Mountain Lake, Minnesota Where to Get an SBA Loan Minnesota
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