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December 19, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Grand Forks, Business Loans > Bremer Bank Grand Forks Business Loans > Highway, Street, And Bridge Construction Loan | ||||
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Raising Money in Grafton, North Dakota With SBA Loans
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Bremer Bank Gives SBA Loan to Highway, Street, And Bridge Construction CompanyWant a North Dakota SBA loan? This North Dakota entrepreneur got an SBA loan, provided by a North Dakota bank that works with the SBA to help small business owners. Getting a small business loan in Grafton, North Dakota was a top priority for this particular business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Bremer Bank. Here are the details on this North Dakota small business loan. SBA Loan Borrower COMPANY TYPE: HIGHWAY, STREET, AND BRIDGE CONSTRUCTION SBA Loan Lender BREMER BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 237310 - Highway, Street, and Bridge Construction Loan Approval Date 2/22/2008 Loan Approval Gross Amount $360,500 Loan Approval from the SBA Of the total $360,500 loan amount, the SBA guaranteed $270,375. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help create 9 new jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for a small business? 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: SBA 7A Lenders in Grand Forks, North Dakota
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