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November 15, 2024 |
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| Home > Small Business Lenders by State > South Dakota Business Loan Sources > Sioux Falls, Business Loans > First Premier Bank Sioux Falls Business Loans > Christmas Decor Loan | ||||
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Where Can I Find Franchise Loans in Sioux Falls, South Dakota?
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South Dakota Entrepreneur Secures Financing to Buy Christmas Decor FranchiseBorrowing money to invest in a Christmas Decor franchise? First Premier Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Christmas Decor franchise may simply require a phone call to a local SBA banker. In 2007, First Premier Bank issued an SBA franchise loan to an entrepreneur in Sioux Falls, South Dakota. Because Christmas Decor was registered with the SBA's registry of franchises, this South Dakota small business loan was issued on an expedited basis. SBA Loan Borrower CHRISTMAS DECOR SBA Loan Lender FIRST PREMIER BANK This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561730 - Landscaping Services Loan Approval Date 4/13/2007 Loan Approval Gross Amount $127,200 Loan Approval from the SBA Of the total $127,200 loan amount, the SBA guaranteed $108,120. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Christmas Decor franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: SBA Approved Banks in Sioux Falls, South Dakota
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