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November 23, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Madison, Business Loans > Kleinbank Madison Business Loans > Meat Markets Loan | ||||
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What Does It Take to Get a Business Loan in Madison, Minnesota?
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Meat Markets LoansLooking for loans for meat markets? Talk to a banker who works with the SBA. This $25,000 meat markets loan was issued by a Minnesota bank. This small firm knew how to go about getting a business bank loan. Based in Madison, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Kleinbank, based in Madison, Minnesota. SBA Loan Borrower COMPANY TYPE: MEAT MARKETS SBA Loan Lender KLEINBANK This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 445210 - Meat Markets Loan Approval Date 5/21/2003 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Kleinbank 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: Role of Business Plan When Raising Money SBA Participating Banks in Madison, Minnesota
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