Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Minneapolis, Minnesota Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Business Loans for Musical Groups and Artists

Looking for business loans for musical groups and artists? Talk to a banker who works with the SBA. This $125,000 musical groups and artists loan was issued by a Minnesota bank.

Getting a small business loan in Minneapolis, Minnesota was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bremer Bank, operating out of Saint Louis Park, Minnesota. Here are the details on this Minnesota small business loan.

SBA Loan Borrower

COMPANY TYPE: MUSICAL GROUPS AND ARTISTS
MINNEAPOLIS, MN 55422

SBA Loan Lender

BREMER BANK
8800 HWY 7
SAINT LOUIS PARK, MN 55426

This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

711130 - Musical Groups and Artists

Loan Approval Date

8/9/2002

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $62,500.

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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

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:

Role of Business Plan When Raising Money

Best Banks for Small Business in Saint Louis Park, Minnesota

SBA Minnesota Lenders