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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 > New Single-Family Housing Construction Loan | ||||
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Grand Forks, North Dakota Bank for SBA Loans
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Where to Get Capital for New Single-Family Housing ConstructionLooking for small business loans for new single-family housing construction? Try the SBA. This $75,000 new single-family housing construction loan was issued by a North Dakota bank. Getting a small business loan in Grand Forks, North Dakota was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Citizens Community Cu, operating out of Devils Lake, North Dakota. Here are the details on this North Dakota small business loan. SBA Loan Borrower COMPANY TYPE: NEW SINGLE-FAMILY HOUSING CONSTRUCTION SBA Loan Lender CITIZENS COMMUNITY CU The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 236115 - New Single-Family Housing Construction Loan Approval Date 2/23/2005 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This company got an SBA loan. You can too! Maybe you need seed money for 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 Banks in Devils Lake, North Dakota
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