How to Get a Loan for Blankbook, Looseleaf Binders, and Devices Manufacturing

With these business loans for blankbook, looseleaf binders, and devices manufacturing, the SBA guarantees the lender that the loan will be repaid. This blankbook, looseleaf binders, and devices manufacturing loan for $145,000 was given to a North Dakota entrepreneur in 2002.

This small business knew how to go about getting a business bank loan. Based in Fargo, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was First Internatl Bank & Tr, based in Fargo, North Dakota.

SBA Loan Borrower

COMPANY TYPE: UNSUPPORTED PLASTICS PROFILE SHAPES
FARGO, ND 58102

SBA Loan Lender

FIRST INTERNATL BANK & TR
3101 N BROADWAY
FARGO, ND 58102

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3082 - Unsupported Plastics Profile Shapes

NAICS Code

323118 - Blankbook, Looseleaf Binders, and Devices Manufacturing

Loan Approval Date

7/30/2002

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $108,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Internatl Bank & Tr that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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