Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Fridley, Minnesota Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Graphic Design Services

Looking for bank loans for graphic design services? The SBA may be the answer. This $256,500 graphic design services loan was issued by a Minnesota bank.

This company knew how to go about getting a business bank loan. Based in Fridley, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Eagle Community Bank, based in Maple Grove, Minnesota.

SBA Loan Borrower

COMPANY TYPE: GRAPHIC DESIGN SERVICES
FRIDLEY, MN 55432

SBA Loan Lender

EAGLE COMMUNITY BANK
9600 UPLAND LANE NORTH, STE 1
MAPLE GROVE, MN 55369

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541430 - Graphic Design Services

Loan Approval Date

3/16/2004

Loan Approval Gross Amount

$256,500

Loan Approval from the SBA

Of the total $256,500 loan amount, the SBA guaranteed $192,375.

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 9 employees. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $256,500. How would you spend $256,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

The Art of Bootstrapping

SBA Banks in Maple Grove, Minnesota

Getting an SBA Loan in Minnesota