SBA Loan from Starion Financial Helps Truck Trailer Manufacturing Company

An SBA loan from Starion Financial typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Oakes, North Dakota business owner got a $295,000 loan.

This small firm knew how to go about getting a business bank loan. Based in Oakes, North Dakota, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Starion Financial, based in Bismarck, North Dakota.

SBA Loan Borrower

COMPANY TYPE: TRUCK TRAILER MANUFACTURING
OAKES, ND 58474

SBA Loan Lender

STARION FINANCIAL
333 N 4TH
BISMARCK, ND 58501

This lender processed this 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

336212 - Truck Trailer Manufacturing

Loan Approval Date

5/17/2006

Loan Approval Gross Amount

$295,000

Loan Approval from the SBA

Of the total $295,000 loan amount, the SBA guaranteed $147,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the funding would help generate 4 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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SBA Participating Banks in Bismarck, North Dakota

SBA Participating Banks in North Dakota