 |
 |
November 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Fargo, Business Loans > Union State Bank Of Fargo Fargo Business Loans > Metal Coating, Engraving And Allied Services Loan | ||||
 |
||||
SBA Lender Fargo
|
||||
 |
Fargo, North Dakota Bank Gives SBA Loan to Metal Coating, Engraving And Allied Services CompanyGet to know Fargo, North Dakota banks that specialize in SBA loans and know how to work with entrepreneurs. Union State Bank Of Fargo is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Fargo, North Dakota starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Union State Bank Of Fargo. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: METAL COATING, ENGRAVING AND ALLIED SERVICES SBA Loan Lender UNION STATE BANK OF FARGO This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 332812 - Metal Coating, Engraving and Allied Services Loan Approval Date 7/28/2006 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $45,000. 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. This SBA loan request indicated that the loan would help retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Union State Bank Of Fargo had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Union State Bank Of Fargo made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Where to Get an SBA Loan in Fargo, North Dakota
|
|
||
|
||||
|
|
||||