Bismarck, North Dakota Bank Gives SBA Loan to Professional Equipment And Supplies Company
Get business loans from a Bismarck, North Dakota bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Starion Financial is a Bismarck, North Dakota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a North Dakota company.
SBA Loan Borrower
COMPANY TYPE: PROFESSIONAL EQUIPMENT AND SUPPLIES
BISMARCK, ND 58504
SBA Loan Lender
STARION FINANCIAL
333 N 4TH
BISMARCK, ND 58501
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5049 - Professional Equipment and Supplies
NAICS Code
421490 - Professional Equipment and Supplies Wholesalers
Loan Approval Date
12/17/2003
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $56,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 27 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Starion Financial are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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.
Related Links:
Alternative Financing
Banks in Bismarck, North Dakota
North Dakota SBA Banks