Sioux Falls, South Dakota Bank Gives SBA Loan to Diagnostic Imaging Centers Company
Get small business loans from a Sioux Falls, South Dakota bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
First Premier Bank is a Sioux Falls, South Dakota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a South Dakota company.
SBA Loan Borrower
COMPANY TYPE: DIAGNOSTIC IMAGING CENTERS
SIOUX FALLS, SD 57101
SBA Loan Lender
FIRST PREMIER BANK
601 S MINNESOTA AVE
SIOUX FALLS, SD 57104
This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that this lending institution has a successful SBA lending background and a deep knowledge SBA policies and procedures.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621512 - Diagnostic Imaging Centers
Loan Approval Date
3/29/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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