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May 14, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Waconia, Business Loans > Kleinbank Waconia Business Loans > Surgical Appliance And Supplies Manufacturing Loan | ||||
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Waconia, Minnesota Bank Loan
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Getting an SBA Loan for Surgical Appliance and Supplies ManufacturingLooking for commercial loans for surgical appliance and supplies manufacturing? An SBA loan may be just what you've been looking for. This $70,000 surgical appliance and supplies manufacturing loan was issued by a Minnesota bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Waconia, Minnesota was able to borrow $70,000 from Kleinbank. The SBA made the loan possible by guaranteeing $35,000 of this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: SURGICAL APPLIANCE AND SUPPLIES MANUFACTURING SBA Loan Lender KLEINBANK The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 339113 - Surgical Appliance and Supplies Manufacturing Loan Approval Date 12/6/2004 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $35,000. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. 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 Kleinbank 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: SBA 7A Banks for Waconia, Minnesota Loans
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