North Dakota Entrepreneur Secures Financing to Buy Ace Hardware Franchise

Borrowing money to purchase an Ace Hardware franchise? Starion Financial has a history of making these loans and they are guaranteed by the SBA.

Ace Hardware franchise loans are available to Bismarck, North Dakota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Starion Financial, based in Bismarck, North Dakota, issued an SBA franchise loan for an Ace Hardware franchise in 2006. We've got all the details on this North Dakota small business loan.

SBA Loan Borrower

KIRKWOOD ACE HARDWARE
BISMARCK, ND 58504

SBA Loan Lender

STARION FINANCIAL
333 N 4TH
BISMARCK, ND 58501

This SBA 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

8/10/2006

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

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. This SBA loan request indicated that the loan would help retain 20 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 $35,000 loan. Remember, if it to be, it is up to me!

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

504 Loans

Who Lends Money to Small Businesses in Bismarck, North Dakota

North Dakota SBA 7A Banks