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November 14, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Fargo, Business Loans > State Bank & Trust Fargo Business Loans > Plastering, Drywall, And Insulation Loan | ||||
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North Dakota Small Business Funding
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Drywall, Plastering, Acoustical, and Insulation Contractors LoansLooking for loans for drywall, plastering, acoustical, and insulation contractors? The SBA may be the answer. This $100,000 drywall, plastering, acoustical, and insulation contractors loan was issued by a North Dakota bank. This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with State Bank & Trust, out of Fargo, North Dakota. The loan was granted and they received $100,000 to help grow their Fargo, North Dakota business. SBA Loan Borrower COMPANY TYPE: PLASTERING, DRYWALL, AND INSULATION SBA Loan Lender STATE BANK & TRUST The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide debt financing to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1742 - Plastering, Drywall, and Insulation NAICS Code 235420 - Drywall, Plastering, Acoustical, and Insulation Contractors Loan Approval Date 6/3/2003 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 15 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Fargo, North Dakota Banks for Small Business
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