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November 15, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Waite Park, Minnesota Small Business Owners

 

 
Loan Census SBA Loan Info

Wired Telecommunications Carriers SBA Loans

Looking for SBA loans for wired telecommunications carriers? The SBA may be the answer. This $460,000 wired telecommunications carriers loan was issued by a Minnesota bank.

This small business knew how to go about getting a business bank loan. Based in Waite Park, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Bremer Bank, based in Saint Cloud, Minnesota.

SBA Loan Borrower

COMPANY TYPE: WIRED TELECOMMUNICATIONS CARRIERS
WAITE PARK, MN 56387

SBA Loan Lender

BREMER BANK
1100 W ST. GERMAIN ST
SAINT CLOUD, MN 56301

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

517110 - Wired Telecommunications Carriers

Loan Approval Date

6/7/2005

Loan Approval Gross Amount

$460,000

Loan Approval from the SBA

Of the total $460,000 loan amount, the SBA guaranteed $345,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 80 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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