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December 19, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Devils Lake, Business Loans > Citizens Community Cu Devils Lake Business Loans > Petroleum Bulk Stations And Terminals Loan | ||||
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Raising Money in Fort Totten, North Dakota With SBA Loans
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Petroleum Bulk Stations and Terminals Commercial LoansLooking for commercial loans for petroleum bulk stations and terminals? Talk to a banker who works with the SBA. This $80,000 petroleum bulk stations and terminals loan was issued by a North Dakota bank. This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Citizens Community Cu, out of Devils Lake, North Dakota. The loan was granted and they received $80,000 to help grow their Fort Totten, North Dakota business. SBA Loan Borrower COMPANY TYPE: PETROLEUM BULK STATIONS AND TERMINALS SBA Loan Lender CITIZENS COMMUNITY CU This lender processed this commercial 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 424710 - Petroleum Bulk Stations and Terminals Loan Approval Date 10/3/2005 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $40,000. 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 2 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citizens Community Cu and they will explain how you can get an SBA loan for your company. 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: SBA 7A Banks for Devils Lake, North Dakota Loans
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