Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Maple Grove, Minnesota Bank Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Plumbing, Heating, and Air-Conditioning Contractors

Looking for SBA loans for plumbing, heating, and air-conditioning contractors? The SBA may be the answer. This $132,635 plumbing, heating, and air-conditioning contractors loan was issued by a Minnesota bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Maple Grove, Minnesota was able to borrow $132,635 from Voyager Bank. The SBA made the loan possible by guaranteeing $99,476 of this Minnesota small business loan.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
MAPLE GROVE, MN 55369

SBA Loan Lender

VOYAGER BANK
775 PRAIRIE CENTER DR
EDEN PRAIRIE, MN 55344

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

6/23/2003

Loan Approval Gross Amount

$132,635

Loan Approval from the SBA

Of the total $132,635 loan amount, the SBA guaranteed $99,476.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. The loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Maple Grove MN, you ought to talk with a local Maple Grove SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Maple Grove businesses.

We can help you find the best banks for small businesses in Maple Grove or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

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Small Bank Loans in Eden Prairie, Minnesota

SBA Minnesota Lenders