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November 23, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Fargo, Business Loans > Bremer Bank Fargo Business Loans > Amusement And Recreation Industries Loan | ||||
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How Hard Is It to Get a Small Business Loan in Minot, North Dakota?
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Business Loans for Amusement and Recreation IndustriesLooking for business loans for amusement and recreation industries? Talk to a banker who works with the SBA. This $17,400 amusement and recreation industries loan was issued by a North Dakota bank. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bremer Bank, out of Fargo, North Dakota. The loan was granted and they received $17,400 to help grow their Minot, North Dakota business. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES SBA Loan Lender BREMER BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713990 - Amusement and Recreation Industries Loan Approval Date 9/9/2004 Loan Approval Gross Amount $17,400 Loan Approval from the SBA Of the total $17,400 loan amount, the SBA guaranteed $14,790. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $17,400 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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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