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

Bottineau, North Dakota Bank Loan

 

 
Loan Census SBA Loan Info

Commercial Loans for Promoters of Performing Arts, Sports, and Similar Events with Facilities

Looking for commercial loans for promoters of performing arts, sports, and similar events with facilities? An SBA loan may be just what you've been looking for. This $200,000 promoters of performing arts, sports, and similar events with facilities loan was issued by a North Dakota bank.

This business knew how to go about getting a business bank loan. Based in Bottineau, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was State Bank Of Bottineau, based in Bottineau, North Dakota.

SBA Loan Borrower

COMPANY TYPE: THEATRICAL PRODUCERS
BOTTINEAU, ND 58318

SBA Loan Lender

STATE BANK OF BOTTINEAU
514 THOMPSON
BOTTINEAU, ND 58318

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7922 - Theatrical Producers

NAICS Code

711310 - Promoters of Performing Arts, Sports, and Similar Events with Facilities

Loan Approval Date

3/22/2002

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small business in Bottineau ND, you ought to talk with a local Bottineau SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bottineau businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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.

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SBA 7A Lenders in Bottineau, North Dakota

SBA Lenders in North Dakota