Loan Census Banking News and Information
December 4, 2024  
 
 
  Business Loan Information  
 

SBA Lender De Smet

 

 
Loan Census SBA Loan Info

De Smet, South Dakota Bank Lends Money to Building Material Dealers Company in De Smet, South Dakota

Get SBA loans from a De Smet, South Dakota bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Peoples State Bank is a De Smet, South Dakota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a South Dakota company.

SBA Loan Borrower

COMPANY TYPE: BUILDING MATERIAL DEALERS
DE SMET, SD 57231

SBA Loan Lender

PEOPLES STATE BANK
212 CALUMET AVE SE
DE SMET, SD 57231

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444190 - Building Material Dealers

Loan Approval Date

2/7/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in De Smet SD, you ought to talk with a local De Smet SBA lender or talk with an out-of-area SBA lender that has previously loaned money to De Smet businesses.

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.

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