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November 25, 2024 |
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| Home > Small Business Lenders by State > North Dakota Business Loan Sources > Hannaford, Business Loans > Bank Forward Hannaford Business Loans > Grain And Field Bean Merchant Wholesalers Loan | ||||
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Hannaford, North Dakota Bank for SBA Loans
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Hannaford, North Dakota Bank Gives SBA Loan to Grain And Field Bean Merchant Wholesalers CompanyWant to talk with a Hannaford, North Dakota bank about an SBA loan? Here's one North Dakota business loan, issued by a Hannaford bank, that was approved by the SBA. Applying for an SBA loan with Bank Forward worked out well for our friends at one local business in New Rockford, North Dakota. The business was able to get an SBA loan for $100,000. Great job! SBA Loan Borrower COMPANY TYPE: GRAIN AND FIELD BEAN MERCHANT WHOLESALERS SBA Loan Lender BANK FORWARD This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 424510 - Grain and Field Bean Merchant Wholesalers Loan Approval Date 8/29/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business If you need money to start a small business or need money to grow a business, an SBA loan can be a great funding source Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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 Hannaford, North Dakota
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