Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

South Dakota SBA Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Sioux Falls, South Dakota Bank to Get an SBA Loan

Get SBA loans from a Sioux Falls, South Dakota bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Wells Fargo Bank is a Sioux Falls, South Dakota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Idaho company.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES
VICTOR, ID 83455

SBA Loan Lender

WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104

This SBA business loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0742 - Veterinary Services for Animal Specialties

NAICS Code

541940 - Veterinary Services

Loan Approval Date

1/10/2000

Loan Approval Gross Amount

$213,300

Loan Approval from the SBA

Of the total $213,300 loan amount, the SBA guaranteed $159,975.

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 5 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wells Fargo Bank and they will explain how you can get an SBA loan for your company.

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:

Dealing With Venture Capitalists

Small Business Banks in Sioux Falls, South Dakota

South Dakota SBA Bank Lenders