Wayzata, Minnesota Bank Lends Money to Durable Goods Merchant Wholesalers Company in St. Louis Park, Minnesota
Get small business loans from a Wayzata, Minnesota 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.
Anchor Bank is a Wayzata, Minnesota small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Minnesota company.
SBA Loan Borrower
COMPANY TYPE: DURABLE GOODS MERCHANT WHOLESALERS
ST. LOUIS PARK, MN 55426
SBA Loan Lender
ANCHOR BANK
1055 E WAYZATA BLVD EAST
WAYZATA, MN 55391
This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
423990 - Durable Goods Merchant Wholesalers
Loan Approval Date
5/13/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
The Friends and Family Network
Small Bank Loans in Wayzata, Minnesota
Minnesota SBA 7A Lenders