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November 15, 2024  
 
 
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Examples of Brooklyn Park SBA Loans

 

 
Loan Census SBA Loan Info

Electronic Computer Manufacturing Small Business Loans

With these small business loans for electronic computer manufacturing, the SBA guarantees the lender that the loan will be repaid. This electronic computer manufacturing loan for $100,000 was given to a Minnesota entrepreneur in 2005.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Park Midway Bank, out of Saint Paul, Minnesota. The loan was granted and they received $100,000 to help grow their Brooklyn Park, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: ELECTRONIC COMPUTER MANUFACTURING
BROOKLYN PARK, MN 55428

SBA Loan Lender

PARK MIDWAY BANK
2300 COMO AVE
SAINT PAUL, MN 55108

The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

334111 - Electronic Computer Manufacturing

Loan Approval Date

11/17/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.

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SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

Business Incubators

Small Business Banks in Saint Paul, Minnesota

SBA Minnesota Banks