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December 22, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Saint Louis Park, Business Loans > Citizens Independent Bank Saint Louis Park Business Loans > Tradebinding And Related Work Loan | ||||
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Minnesota SBA Lenders
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Saint Louis Park, Minnesota Bank Lends Money to Tradebinding And Related Work Company in Crystal, MinnesotaGet business loans from a Saint Louis Park, Minnesota bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Citizens Independent Bank is a Saint Louis Park, Minnesota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Minnesota company. SBA Loan Borrower COMPANY TYPE: TRADEBINDING AND RELATED WORK SBA Loan Lender CITIZENS INDEPENDENT BANK This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 323121 - Tradebinding and Related Work Loan Approval Date 12/10/2003 Loan Approval Gross Amount $86,400 Loan Approval from the SBA Of the total $86,400 loan amount, the SBA guaranteed $43,200. 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 14 employees. The SBA loan application for the borrower indicated that the loan would help generate 9 new jobs and retain 14 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Citizens Independent Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Good Banks for Small Business in Saint Louis Park, Minnesota
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