Hazen, North Dakota Lender Lends Money to Crop Planting, Cultivating, And Protecting Company

Get to know Hazen, North Dakota banks that specialize in small business loans and know how to work with entrepreneurs. Union State Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Beulah, North Dakota starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Union State Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: CROP PLANTING, CULTIVATING, AND PROTECTING
BEULAH, ND 58573

SBA Loan Lender

UNION STATE BANK
209 CENTRAL AVE NORTH
HAZEN, ND 58545

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0721 - Crop Planting, Cultivating, and Protecting

NAICS Code

115112 - Soil Preparation, Planting, and Cultivating

Loan Approval Date

3/24/2004

Loan Approval Gross Amount

$406,900

Loan Approval from the SBA

Of the total $406,900 loan amount, the SBA guaranteed $305,175.

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

Getting an SBA Loan For Your Business

If you want money for new small business in Beulah ND, you ought to talk with a local Beulah SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beulah businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $406,900 loan. Remember, anyone can do it... so why not 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.

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