Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

How to Get SBA Loans in Ham Lake, Minnesota

 

 
Loan Census SBA Loan Info

Borrowing Money for Sign Manufacturing

Looking for bank loans for sign manufacturing? The SBA may be the answer. This $185,000 sign manufacturing loan was issued by a Minnesota bank.

This small firm knew how to go about getting a business bank loan. Based in Ham Lake, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Landmark Commun Bank, based in Isanti, Minnesota.

SBA Loan Borrower

COMPANY TYPE: SIGN MANUFACTURING
Ham Lake, MN 55304

SBA Loan Lender

LANDMARK COMMUN BANK
29 W MAIN ST
ISANTI, MN 55040

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339950 - Sign Manufacturing

Loan Approval Date

6/18/2007

Loan Approval Gross Amount

$185,000

Loan Approval from the SBA

Of the total $185,000 loan amount, the SBA guaranteed $138,750.

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 25 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 25 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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 $185,000 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:

Obtaining Funding - How to Borrow Money

Who Lends Money to Small Businesses in Isanti, Minnesota

Find an SBA Lender in Minnesota