Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

St. Paul, Minnesota Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loans for Graphic Design Services

With these loans for graphic design services, the SBA guarantees the lender that the loan will be repaid. This graphic design services loan for $300,000 was given to a Minnesota entrepreneur in 2004.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Western Bank, out of Saint Paul, Minnesota. The loan was granted and they received $300,000 to help grow their St. Paul, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: GRAPHIC DESIGN SERVICES
ST. PAUL, MN 55101

SBA Loan Lender

WESTERN BANK
663 UNIVERSITY AVE
SAINT PAUL, MN 55104

This bank 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

541430 - Graphic Design Services

Loan Approval Date

3/19/2004

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 22 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

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.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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