Raising Money for Support Activities for Oil and Gas Operations
Looking for business loans for support activities for oil and gas operations? Try the SBA. This $55,000 support activities for oil and gas operations loan was issued by a North Dakota bank.
Getting a small business loan in Williston, North Dakota was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Amer St. Bank & Trust - Willisto, operating out of Williston, North Dakota. Here are the details on this North Dakota small business loan.
SBA Loan Borrower
COMPANY TYPE: SUPPORT ACTIVITIES FOR OIL AND GAS OPERATIONS
WILLISTON, ND 58801
SBA Loan Lender
AMER ST. BANK & TRUST - WILLISTO
223 MAIN ST
WILLISTON, ND 58802
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
213112 - Support Activities for Oil and Gas Operations
Loan Approval Date
10/3/2005
Loan Approval Gross Amount
$55,000
Loan Approval from the SBA
Of the total $55,000 loan amount, the SBA guaranteed $27,500.
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. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
The Friends and Family Network
Who Lends Money to Small Businesses in Williston, North Dakota
SBA Lenders in North Dakota