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December 22, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Kerkhoven, Business Loans > Financial Security Bank Kerkhoven Business Loans > Industrial Nonbuilding Structure Construction Loan | ||||
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Getting a Small Business Loan in Kerkhoven, Minnesota
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Financial Security Bank Gives Small Business Loan to Industrial Nonbuilding Structure Construction CompanyMinnesotaSmall business loans are available to Minnesota small business owners through the SBA. In this case, a Minnesota bank provides the loan. Getting a small business loan in Kerkhoven, Minnesota was a top priority for this small company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Financial Security Bank. Here are the details on this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: INDUSTRIAL NONBUILDING STRUCTURE CONSTRUCTION SBA Loan Lender FINANCIAL SECURITY BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 234930 - Industrial Nonbuilding Structure Construction Loan Approval Date 4/11/2002 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. 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 10 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Where to Get an SBA Loan in Kerkhoven, Minnesota Getting an SBA Loan in Minnesota
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