Citizens Community Cu Provides SBA Loan to Buy Fish & Game Finder Magazine Franchise

Borrowing money to buy a Fish & Game Finder Magazine franchise? Citizens Community Cu has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Devils Lake, North Dakota needed money to invest in a Fish & Game Finder Magazine franchise back in 2005. Citizens Community Cu issued an SBA franchise loan. Here are the details on this North Dakota small business loan.

SBA Loan Borrower

NORTH AND SOUTH DAKOTA FISH FI
DEVILS LAKE, ND 58301

SBA Loan Lender

CITIZENS COMMUNITY CU
1117 HWY 2 SE
DEVILS LAKE, ND 58301

This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

511120 - Periodical Publishers

Loan Approval Date

9/7/2005

Loan Approval Gross Amount

$102,000

Loan Approval from the SBA

Of the total $102,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Fish & Game Finder Magazine franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This SBA loan was for $102,000. How would you spend $102,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Small Business Credit Cards

SBA Approved Banks in Devils Lake, North Dakota

SBA Participating Banks in North Dakota