Bremer Bank SBA Loan to Landscaping Services Company
Bremer Bank has a track record as a leading provider of SBA loans. Find out how this Minnesota entrepreneur received an SBA loan from them.
This small firm knew how to go about getting a business bank loan. Based in St. Paul, Minnesota, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Bremer Bank, based in South Saint Paul, Minnesota.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
ST. PAUL, MN 55104
SBA Loan Lender
BREMER BANK
633 S CONCORD ST
SOUTH SAINT PAUL, MN 55075
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
11/14/2006
Loan Approval Gross Amount
$337,000
Loan Approval from the SBA
Of the total $337,000 loan amount, the SBA guaranteed $252,750.
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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $337,000 loan. Remember, you control your own destiny.
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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