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November 24, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Phoenix, Business Loans > Bnc National Bank Phoenix Business Loans > Snack And Nonalcoholic Beverage Bars Loan | ||||
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ND Small Business Loans from Bnc National Bank
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Bismarck, North Dakota Business Gets SBA-Guaranteed Funding from Bnc National BankAn SBA loan from Bnc National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bismarck, North Dakota business owner got a $110,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bismarck, North Dakota was able to borrow $110,000 from Bnc National Bank. The SBA made the loan possible by guaranteeing $55,000 of this North Dakota small business loan. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender BNC NATIONAL BANK This lender processed this bank 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 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 11/1/2006 Loan Approval Gross Amount $110,000 Loan Approval from the SBA Of the total $110,000 loan amount, the SBA guaranteed $55,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Bnc National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Role of Business Plan When Raising Money Where to Get an SBA Loan in Phoenix, Arizona Browse All Business Loan Sources for Arizona
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