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November 14, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Hampton, Business Loans > Merchants Bank Hampton Business Loans > Prefabricated Wood Building Manufacturing Loan | ||||
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Small Business Banks for Dover, Minnesota Business Owners
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Dover, Minnesota Entrepreneur Gets a Business LoanWould a Minnesota business loan help your company expand? If so, you may want to talk with this Minnesota bank, which offers SBA loans to Minnesota entrepreneurs. Getting a small business loan in Dover, Minnesota was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Merchants Bank. Here are the details on this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: PREFABRICATED WOOD BUILDING MANUFACTURING SBA Loan Lender MERCHANTS BANK This SBA business 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 321992 - Prefabricated Wood Building Manufacturing Loan Approval Date 2/26/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. 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. Related Links: Dealing With Venture Capitalists SBA 7A Banks for Hampton, Minnesota Loans SBA Participating Banks in Minnesota
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