How to Get a Loan for Drinking Places

Looking for commercial loans for drinking places? Try the SBA. This $25,900 drinking places loan was issued by a North Dakota bank.

Getting a small business loan in Stanton, North Dakota was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Security 1st Bank - No. Dakota, operating out of Center, North Dakota. Here are the details on this North Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: DRINKING PLACES
STANTON, ND 58571

SBA Loan Lender

SECURITY 1ST BANK - NO. DAKOTA
100 W MAIN ST
CENTER, ND 58530

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722410 - Drinking Places

Loan Approval Date

8/20/2003

Loan Approval Gross Amount

$25,900

Loan Approval from the SBA

Of the total $25,900 loan amount, the SBA guaranteed $22,015.

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 2 employees. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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.

Where to Get an SBA Loan in Center, North Dakota

Getting a Business Loan in North Dakota

Raising Money in Stanton, North Dakota With SBA Loans

How to Get a Loan for Drinking Places