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November 15, 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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Banks That Lend to North Dakota Businesses
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North Dakota SBA Loan Issued to Nursery And Garden Centers CompanyNorth DakotaBank loans are available to North Dakota firms through the SBA. In this case, a Minnesota bank provides the loan. You can learn something about getting a small business loan in Grand Forks, North Dakota by studying this loan to a local company, made back in 2004. Banks like Community Bank - Red River Valle may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: NURSERY AND GARDEN CENTERS SBA Loan Lender COMMUNITY BANK - RED RIVER VALLE The lender provided this bank 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 444220 - Nursery and Garden Centers Loan Approval Date 3/23/2004 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $30,000. 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in Grand Forks or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Raising VC Money for Social Networking Companies SBA 7A Banks for East Grand Forks, Minnesota Loans
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