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December 22, 2024  
 
 
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Loan Census SBA Loan Info

Aitkin, Minnesota Lender Lends Money to Meat And Fish Market Company

Thinking about meeting with an Aitkin, Minnesota bank about a business loan? Here's one Minnesota business loan, issued by an Aitkin bank, that was approved by the SBA.

Applying for an SBA loan with Bremer Bank worked out well for our friends at one local firm in Aitkin, Minnesota. The business was able to get an SBA loan for $100,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: MEAT AND FISH MARKET
AITKIN, MN 54631

SBA Loan Lender

BREMER BANK
101 MINNESOTA AVE NORTH
AITKIN, MN 56431

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5421 - Meat and Fish Market

Loan Approval Date

9/26/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Aitkin or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Family and Friend Investors - Your First Financiers

SBA Banks in Aitkin, Minnesota

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