North Dakota Entrepreneur Secures Financing to Buy Ace Hardware Franchise
Need a loan to purchase an Ace Hardware franchise? Starion Financial has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy an Ace Hardware franchise shouldn't be overly burdensome. In 2005, Starion Financial issued an SBA franchise loan to an entrepreneur in Bismarck, North Dakota. Because Ace Hardware was registered with the SBA's registry of franchises, this North Dakota small business loan was issued on an expedited basis.
SBA Loan Borrower
KIRKWOOD ACE HARDWARE
BISMARCK, ND 58504
SBA Loan Lender
STARION FINANCIAL
333 N 4TH
BISMARCK, ND 58501
This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
444130 - Hardware Stores
Loan Approval Date
12/15/2005
Loan Approval Gross Amount
$65,500
Loan Approval from the SBA
Of the total $65,500 loan amount, the SBA guaranteed $32,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy an Ace Hardware franchise. At the time of the loan, the company
had 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
This SBA loan was for $65,500. How would you spend $65,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
ACE Hardware
Strategic Investors
SBA 7A Banks for Bismarck, North Dakota Loans
Find an SBA Lender in North Dakota