Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Best Banks for Bismarck Small Businesses

 

 
Loan Census SBA Loan Info

Wood Kitchen Cabinet and Countertop Manufacturing Commercial Loans

Looking for commercial loans for wood kitchen cabinet and countertop manufacturing? An SBA loan may be just what you've been looking for. This $101,600 wood kitchen cabinet and countertop manufacturing loan was issued by a North Dakota bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with American Bank Center First, out of Bismarck, North Dakota. The loan was granted and they received $101,600 to help grow their Bismarck, North Dakota business.

SBA Loan Borrower

COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING
BISMARCK, ND 58504

SBA Loan Lender

AMERICAN BANK CENTER FIRST
320 N 4TH ST
BISMARCK, ND 58501

This SBA small 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

337110 - Wood Kitchen Cabinet and Countertop Manufacturing

Loan Approval Date

4/4/2006

Loan Approval Gross Amount

$101,600

Loan Approval from the SBA

Of the total $101,600 loan amount, the SBA guaranteed $50,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

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

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

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 $101,600 loan. Remember, anyone can do it... so why not 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:

Obtaining Funding - Friends and Family

Find an SBA Lender in Bismarck, North Dakota

SBA Lenders in North Dakota