Minnesota Bank Loan Issued to Commercial Lithographic Printing Company

MinnesotaSBA loans are available to Minnesota entrepreneurs through the SBA. In this case, a Minnesota bank provides the loan.

You can learn something about getting a small business loan in New Hope, Minnesota by studying this loan to a local business, made back in 2007. Banks like Bremer Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING
New Hope, MN 55428

SBA Loan Lender

BREMER BANK
633 S CONCORD ST
SOUTH SAINT PAUL, MN 55075

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323110 - Commercial Lithographic Printing

Loan Approval Date

7/24/2007

Loan Approval Gross Amount

$1,825,000

Loan Approval from the SBA

Of the total $1,825,000 loan amount, the SBA guaranteed $1,368,750.

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 85 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 85 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in New Hope MN, you ought to talk with a local New Hope SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New Hope businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Bremer Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Business Cash Advances

SBA 7A Banks for South Saint Paul, Minnesota Loans

Getting a Business Loan in Minnesota