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November 15, 2024  
 
 
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Banks in Chamberlain, South Dakota That Make SBA Loans

 

 
Loan Census SBA Loan Info

Chamberlain, South Dakota Lender Lends Money to Veterinary Services For Animal Specialties Company

Get to know Chamberlain, South Dakota banks that specialize in small business loans and know how to work with entrepreneurs. First Dakota National Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Platte, South Dakota starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from First Dakota National Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES FOR ANIMAL SPECIALTIES
PLATTE, SD 57369

SBA Loan Lender

FIRST DAKOTA NATIONAL BANK
201 N COURTLAND ST
CHAMBERLAIN, SD 57325

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0742 - Veterinary Services for Animal Specialties

NAICS Code

541940 - Veterinary Services

Loan Approval Date

11/28/2000

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $105,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

Small Business Loan

Best Chamberlain, South Dakota Banks for Small Business

South Dakota SBA Banks