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November 15, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Wayzata, Business Loans > Tcf National Bank Wayzata Business Loans > Painting And Wall Covering Contractors Loan | ||||
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We Needed a Small Business Loan in Minneapolis, Minnesota and We Got One!
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Raising Money for Painting and Wall Covering ContractorsLooking for bank loans for painting and wall covering contractors? An SBA loan may be just what you've been looking for. This $10,000 painting and wall covering contractors loan was issued by a Minnesota bank. This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Tcf National Bank, out of Wayzata, Minnesota. The loan was granted and they received $10,000 to help grow their Minneapolis, Minnesota business. SBA Loan Borrower COMPANY TYPE: PAINTING AND WALL COVERING CONTRACTORS SBA Loan Lender TCF NATIONAL BANK This commercial 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 238320 - Painting and Wall Covering Contractors Loan Approval Date 7/14/2005 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: SBA 7A Banks in Wayzata, Minnesota
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