Commercial Loans for Furniture Stores

Looking for commercial loans for furniture stores? The SBA may be the answer. This $128,735 furniture stores loan was issued by a South Dakota bank.

Getting a small business loan in Rapid City, South Dakota was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Pioneer Bank & Trust, operating out of Rapid City, South Dakota. Here are the details on this South Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
RAPID CITY, SD 57702

SBA Loan Lender

PIONEER BANK & TRUST
2001 W OMAHA ST
RAPID CITY, SD 57702

This SBA loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5712 - Furniture Stores

NAICS Code

442110 - Furniture Stores

Loan Approval Date

3/20/2001

Loan Approval Gross Amount

$128,735

Loan Approval from the SBA

Of the total $128,735 loan amount, the SBA guaranteed $109,425.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application indicated that the funding would help generate 2 new jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pioneer Bank & Trust and they will explain how you can get an SBA loan for your company.

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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