Small Business Loans for Meat and Meat Product Merchant Wholesalers

Looking for small business loans for meat and meat product merchant wholesalers? Try the SBA. This $250,000 meat and meat product merchant wholesalers loan was issued by a Minnesota bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Bridgewater Bank, out of Bloomington, Minnesota. The loan was granted and they received $250,000 to help grow their St. Paul, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: MEAT AND MEAT PRODUCT MERCHANT WHOLESALERS
ST. PAUL, MN 55108

SBA Loan Lender

BRIDGEWATER BANK
3800 AMERICAN BLVD WEST, STE
BLOOMINGTON, MN 55431

This lender processed this SBA business 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

424470 - Meat and Meat Product Merchant Wholesalers

Loan Approval Date

8/29/2007

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the funding would help create 2 new jobs.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 $250,000 loan. Remember, if it to be, it is up to me!

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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