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December 20, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Detroit Lakes, Business Loans > Midwest Bank Detroit Lakes Business Loans > Fastsigns Loan | ||||
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How to Get SBA Loans in Fargo, North Dakota
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Borrow Money to Buy a Fastsigns FranchiseNeed money to invest in a Fastsigns franchise? Midwest Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Fargo, North Dakota needed money to invest in a Fastsigns franchise back in 2006. Midwest Bank issued an SBA franchise loan. Here are the details on this North Dakota small business loan. SBA Loan Borrower FASTSIGNS SBA Loan Lender MIDWEST 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 339950 - Sign Manufacturing Loan Approval Date 1/20/2006 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $100,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Fastsigns franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help create 3 new jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 Detroit Lakes, Minnesota Loans
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