Raising Money for Professional, Scientific, and Technical Services
Looking for business loans for professional, scientific, and technical services? An SBA loan may be just what you've been looking for. This $19,900 professional, scientific, and technical services loan was issued by a North Dakota bank.
Getting a small business loan in Mandan, North Dakota was important for this small business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Glen Ullin, operating out of Glen Ullin, North Dakota. Here are the details on this North Dakota small business loan.
SBA Loan Borrower
COMPANY TYPE: PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES
MANDAN, ND 58554
SBA Loan Lender
BANK OF GLEN ULLIN
106 S AVE WEST
GLEN ULLIN, ND 58631
The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
541990 - Professional, Scientific, and Technical Services
Loan Approval Date
1/16/2008
Loan Approval Gross Amount
$19,900
Loan Approval from the SBA
Of the total $19,900 loan amount, the SBA guaranteed $9,950.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in 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 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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:
Determining Proper Capital Structure for a Business
SBA Participating Banks in Glen Ullin, North Dakota
Where to Get an SBA Loan North Dakota