Wood Kitchen Cabinet and Countertop Manufacturing Bank Loans

Looking for bank loans for wood kitchen cabinet and countertop manufacturing? An SBA loan may be just what you've been looking for. This $170,000 wood kitchen cabinet and countertop manufacturing loan was issued by a Minnesota bank.

This company knew how to go about getting a business bank loan. Based in St. Martin, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Freeport State Bank, based in Freeport, Minnesota.

SBA Loan Borrower

COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING
ST. MARTIN, MN 56376

SBA Loan Lender

FREEPORT STATE BANK
111 MAIN ST EAST
FREEPORT, MN 56331

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

337110 - Wood Kitchen Cabinet and Countertop Manufacturing

Loan Approval Date

6/30/2004

Loan Approval Gross Amount

$170,000

Loan Approval from the SBA

Of the total $170,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in St. Martin MN, you ought to talk with a local St. Martin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to St. Martin businesses.

We can help you find the best banks for small businesses in St. Martin or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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