Air-Conditioning and Warm Air Heating Equipment Loans

Looking for loans for air-conditioning and warm air heating equipment? The SBA may be the answer. This $30,400 air-conditioning and warm air heating equipment loan was issued by a North Dakota bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First National Bank & Trust - Bottin, out of Bottineau, North Dakota. The loan was granted and they received $30,400 to help grow their Bottineau, North Dakota business.

SBA Loan Borrower

COMPANY TYPE: AIR-CONDITIONING, REFRIGERATION AND HEATING
BOTTINEAU, ND 58318

SBA Loan Lender

FIRST NATIONAL BANK & TRUST - BOTTIN
424 MAIN ST
BOTTINEAU, ND 58318

This 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

3585 - Air-Conditioning, Refrigeration and Heating

NAICS Code

333415 - Air-Conditioning and Warm Air Heating Equipment

Loan Approval Date

6/10/2005

Loan Approval Gross Amount

$30,400

Loan Approval from the SBA

Of the total $30,400 loan amount, the SBA guaranteed $22,800.

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 3 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

This SBA loan was for $30,400. How would you spend $30,400 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:

Angel Investors

SBA 7A Banks in Bottineau, North Dakota

North Dakota SBA 7A Banks