Food Crops Grown Under Cover Commercial Loans

Looking for commercial loans for food crops grown under cover? Talk to a banker who works with the SBA. This $8,300 food crops grown under cover loan was issued by a Minnesota bank.

Getting a small business loan in Savage, Montana was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wells Fargo Bank, operating out of Minneapolis, Minnesota. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: FOOD CROPS GROWN UNDER COVER
SAVAGE, MT 59262

SBA Loan Lender

WELLS FARGO BANK
2329 CENTRAL AVE NE
MINNEAPOLIS, MN 55418

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

111419 - Food Crops Grown Under Cover

Loan Approval Date

11/27/2001

Loan Approval Gross Amount

$8,300

Loan Approval from the SBA

Of the total $8,300 loan amount, the SBA guaranteed $4,150.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

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 Wells Fargo Bank 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.

Related Links:

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Find an SBA Lender in Minneapolis, Minnesota

Minnesota SBA Banks