Special Trade Contractors SBA Loans
Looking 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
SHAKOPEE, MN 55379
SBA Loan Lender
BREMER BANK
1100 W ST. GERMAIN ST
SAINT CLOUD, MN 56301
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:
Debt Financing
Small Business Banks in Saint Cloud, Minnesota
Minnesota SBA 7A Banks