Industrial Process Furnace and Oven Manufacturing Small Business Loans

Looking for small business loans for industrial process furnace and oven manufacturing? An SBA loan may be just what you've been looking for. This $182,500 industrial process furnace and oven manufacturing loan was issued by a North Dakota bank.

This company knew how to go about getting a business bank loan. Based in Bismarck, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Starion Financial, based in Bismarck, North Dakota.

SBA Loan Borrower

COMPANY TYPE: WELDING REPAIR
BISMARCK, ND 58503

SBA Loan Lender

STARION FINANCIAL
333 N 4TH
BISMARCK, ND 58501

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7692 - Welding Repair

NAICS Code

333994 - Industrial Process Furnace and Oven Manufacturing

Loan Approval Date

7/16/2001

Loan Approval Gross Amount

$182,500

Loan Approval from the SBA

Of the total $182,500 loan amount, the SBA guaranteed $136,875.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 7 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $182,500. How would you spend $182,500 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:

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SBA Approved Banks in Bismarck, North Dakota

Getting an SBA Loan in North Dakota