 |
 |
December 19, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Wayzata, Business Loans > Anchor Bank Wayzata Business Loans > Display Advertising Loan | ||||
 |
||||
Burnsville, Minnesota Bank for SBA Loans
|
||||
 |
Getting an SBA Loan for Display AdvertisingLooking for business loans for display advertising? Try the SBA. This $300,000 display advertising loan was issued by a Minnesota bank. This business knew how to go about getting a business bank loan. Based in Burnsville, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Anchor Bank, based in Wayzata, Minnesota. SBA Loan Borrower COMPANY TYPE: DISPLAY ADVERTISING SBA Loan Lender ANCHOR BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541850 - Display Advertising Loan Approval Date 4/26/2002 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding. 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 $300,000 loan. Remember, feel the fear, and do it anyway. 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: SBA Banks in Wayzata, Minnesota
|
|
||
|
||||
|
|
||||