Where to Get Capital for Process, Physical Distribution, and Logistics Consulting Services

Looking for small business loans for process, physical distribution, and logistics consulting services? An SBA loan may be just what you've been looking for. This $115,000 process, physical distribution, and logistics consulting services loan was issued by a Minnesota bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Citizens Bank & Trust, out of Hutchinson, Minnesota. The loan was granted and they received $115,000 to help grow their Hutchinson, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
HUTCHINSON, MN 55350

SBA Loan Lender

CITIZENS BANK & TRUST
102 MAIN ST SOUTH
HUTCHINSON, MN 55350

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8742 - Management Consulting Services

NAICS Code

541614 - Process, Physical Distribution, and Logistics Consulting Services

Loan Approval Date

11/19/2003

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $97,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Hutchinson MN, you ought to talk with a local Hutchinson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hutchinson businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $115,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

The Art of Bootstrapping

Banks in Hutchinson, Minnesota

Getting an SBA Loan in Minnesota