SBA Loans for Plumbing, Heating, and Air-Conditioning Contractors
With these SBA loans for plumbing, heating, and air-conditioning contractors, the SBA guarantees the lender that the loan will be repaid. This plumbing, heating, and air-conditioning contractors loan for $42,000 was given to a North Dakota entrepreneur in 2006.
Getting a small business loan in Hettinger, North Dakota was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Dakota Western Bank, operating out of Hettinger, North Dakota. Here are the details on this North Dakota small business loan.
SBA Loan Borrower
COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING
HETTINGER, ND 58639
SBA Loan Lender
DAKOTA WESTERN BANK
603 ADAMS AVE
HETTINGER, ND 58639
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1711 - Plumbing, Heating, and Air-Conditioning
NAICS Code
238220 - Plumbing, Heating, and Air-Conditioning Contractors
Loan Approval Date
10/3/2006
Loan Approval Gross Amount
$42,000
Loan Approval from the SBA
Of the total $42,000 loan amount, the SBA guaranteed $35,700.
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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Dakota Western Bank 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.
Related Links:
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Where to Get an SBA Loan in Hettinger, North Dakota
Find an SBA Lender in North Dakota