Grain and Field Bean Wholesalers Bank Loans

Looking for bank loans for grain and field bean wholesalers? An SBA loan may be just what you've been looking for. This $425,000 grain and field bean wholesalers loan was issued by a North Dakota bank.

This small firm knew how to go about getting a business bank loan. Based in Mandan, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Farm Cr. Services - Mandan. Pc, based in Mandan, North Dakota.

SBA Loan Borrower

COMPANY TYPE: GRAIN AND FIELD BEANS
MANDAN, ND 58554

SBA Loan Lender

FARM CR. SERVICES - MANDAN. PC
PO BOX 5001
MANDAN, ND 58554

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5153 - Grain and Field Beans

NAICS Code

422510 - Grain and Field Bean Wholesalers

Loan Approval Date

2/22/2002

Loan Approval Gross Amount

$425,000

Loan Approval from the SBA

Of the total $425,000 loan amount, the SBA guaranteed $318,750.

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 6 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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