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December 19, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Edina, Business Loans > Fidelity Bank Edina Business Loans > Commercial Printing Loan | ||||
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MN SBA Loan from Fidelity Bank
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Fidelity Bank SBA Loan to Commercial Printing CompanyAn SBA loan from Fidelity Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Hopkins, Minnesota business owner got a $666,000 loan. This growing company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Fidelity Bank, out of Edina, Minnesota. The loan was granted and they received $666,000 to help grow their Hopkins, Minnesota business. SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender FIDELITY BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323119 - Commercial Printing Loan Approval Date 11/6/2006 Loan Approval Gross Amount $666,000 Loan Approval from the SBA Of the total $666,000 loan amount, the SBA guaranteed $599,400. 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 35 employees. The loan application indicated that the loan would help retain 35 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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: Small Bank Loans in Edina, Minnesota
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