Raising Money for Tobacco and Tobacco Product Merchant Wholesalers

Looking for business loans for tobacco and tobacco product merchant wholesalers? Talk to a banker who works with the SBA. This $50,000 tobacco and tobacco product merchant wholesalers loan was issued by a North Dakota bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Citizens Community Cu, out of Devils Lake, North Dakota. The loan was granted and they received $50,000 to help grow their St. Michael, North Dakota business.

SBA Loan Borrower

COMPANY TYPE: TOBACCO AND TOBACCO PRODUCT MERCHANT WHOLESALERS
ST. MICHAEL, ND 58370

SBA Loan Lender

CITIZENS COMMUNITY CU
1117 HWY 2 SE
DEVILS LAKE, ND 58301

This bank 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

424940 - Tobacco and Tobacco Product Merchant Wholesalers

Loan Approval Date

3/28/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

How to Raise Money

Who Lends Money to Small Businesses in Devils Lake, North Dakota

SBA North Dakota Lenders