Remediation Services Loans
With these loans for remediation services, the SBA guarantees the lender that the loan will be repaid. This remediation services loan for $15,000 was given to a Minnesota entrepreneur in 2004.
This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First National Bank, out of Hawley, Minnesota. The loan was granted and they received $15,000 to help grow their Dilworth, Minnesota business.
SBA Loan Borrower
COMPANY TYPE: REMEDIATION SERVICES
DILWORTH, MN 56529
SBA Loan Lender
FIRST NATIONAL BANK
1018 HOBART ST
HAWLEY, MN 56549
This loan for a small business 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
562910 - Remediation Services
Loan Approval Date
3/17/2004
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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. This SBA loan request indicated that the loan would help generate 1 new job.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Dilworth MN, you ought to talk with a local Dilworth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dilworth businesses.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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 Line of Credit
SBA Banks in Hawley, Minnesota
Where to Get an SBA Loan Minnesota