Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Bismarck SBA Lenders

 

 
Loan Census SBA Loan Info

Bismarck, North Dakota Lender Lends Money to Computer And Software Stores Company

A Bismarck, North Dakota business loan can be yours. Learn how a business got a $75,000 business loan from this North Dakota bank.

This loan to an entrepreneur is a good example of an SBA loan. Starion Financial made the loan and the SBA guaranteed a portion of the loan. Many other North Dakota entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: COMPUTER AND SOFTWARE STORES
BISMARCK, ND 58504

SBA Loan Lender

STARION FINANCIAL
333 N 4TH
BISMARCK, ND 58501

This lender processed this business 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

443120 - Computer and Software Stores

Loan Approval Date

9/10/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

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. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

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 Bismarck 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:

Small Business Credit Cards

Small Business Banks in Bismarck, North Dakota

North Dakota SBA Bank Lenders