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December 19, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > East Grand Forks, Business Loans > Community Bank - Red River Valle East Grand Forks Business Loans > Nursery And Garden Centers Loan | ||||
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How to Get SBA Loans in Grand Forks, North Dakota
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Get an SBA Loan for Nursery and Garden CentersLooking for small business loans for nursery and garden centers? Try the SBA. This $45,000 nursery and garden centers loan was issued by a Minnesota bank. This company knew how to go about getting a business bank loan. Based in Grand Forks, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Community Bank - Red River Valle, based in East Grand Forks, Minnesota. SBA Loan Borrower COMPANY TYPE: NURSERY AND GARDEN CENTERS SBA Loan Lender COMMUNITY BANK - RED RIVER VALLE This lender processed this bank 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 444220 - Nursery and Garden Centers Loan Approval Date 4/24/2007 Loan Approval Gross Amount $45,000 Loan Approval from the SBA Of the total $45,000 loan amount, the SBA guaranteed $22,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 20 employees. The SBA loan application for the borrower indicated that the loan would help retain 20 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $45,000 loan. Remember, where there is a will, there is a way! 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: Obtaining Funding - Getting Venture Capital Where to Get an SBA Loan in East Grand Forks, Minnesota Browse All Business Loan Sources for Minnesota
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