Environmental Consulting Services Business Loans

Looking for business loans for environmental consulting services? An SBA loan may be just what you've been looking for. This $496,201 environmental consulting services loan was issued by a Minnesota bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Ridgedale State Bank, out of Minnetonka, Minnesota. The loan was granted and they received $496,201 to help grow their Prior Lake, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
PRIOR LAKE, MN 55372

SBA Loan Lender

RIDGEDALE STATE BANK
1730 PLYMOUTH RD
MINNETONKA, MN 55305

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541620 - Environmental Consulting Services

Loan Approval Date

3/24/2006

Loan Approval Gross Amount

$496,201

Loan Approval from the SBA

Of the total $496,201 loan amount, the SBA guaranteed $372,151.

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 5 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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:

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Small Bank Loans in Minnetonka, Minnesota

Minnesota SBA 7A Lenders