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December 19, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Saint Cloud, Business Loans > Bremer Bank Saint Cloud Business Loans > Special Trade Contractors Loan | ||||
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SBA Lenders for Shakopee, Minnesota Business Owners
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Special Trade Contractors SBA LoansLooking for SBA loans for special trade contractors? Talk to a banker who works with the SBA. This $509,000 special trade contractors loan was issued by a Minnesota bank. This business knew how to go about getting a business bank loan. Based in Shakopee, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Bremer Bank, based in Saint Cloud, Minnesota. SBA Loan Borrower COMPANY TYPE: SPECIAL TRADE CONTRACTORS SBA Loan Lender BREMER BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 235990 - Special Trade Contractors Loan Approval Date 2/19/2002 Loan Approval Gross Amount $509,000 Loan Approval from the SBA Of the total $509,000 loan amount, the SBA guaranteed $381,750. 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 10 employees. The loan application indicated that the loan would help retain 10 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money for an existing business, an SBA loan can be a great way to raise money This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 Banks in Saint Cloud, Minnesota
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