The National Bank Of Harvey SBA Loan to Flour Milling Company

An SBA loan from The National Bank Of Harvey typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Harvey, North Dakota business owner got a $300,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Harvey, North Dakota was able to borrow $300,000 from The National Bank Of Harvey. The SBA made the loan possible by guaranteeing $150,000 of this North Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: FLOUR MILLING
HARVEY, ND 58341

SBA Loan Lender

THE NATIONAL BANK OF HARVEY
920 LINCOLN AVE
HARVEY, ND 58341

This lender processed this SBA 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

311211 - Flour Milling

Loan Approval Date

4/22/2005

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The National Bank Of Harvey are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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