North Dakota SBA Loan Issued to Travel Trailers And Campers Company

Would a North Dakota small business loan help your small business to grow and prosper? If so, you may want to talk with this North Dakota bank, which offers SBA loans to North Dakota entrepreneurs.

Getting a small business loan in Walhalla, North Dakota was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Choice Financial Group. Here are the details on this North Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: TRAVEL TRAILERS AND CAMPERS
WALHALLA, ND 58282

SBA Loan Lender

CHOICE FINANCIAL GROUP
407 12TH ST
WALHALLA, ND 58282

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3792 - Travel Trailers and Campers

NAICS Code

336214 - Travel Trailer and Camper Manufacturing

Loan Approval Date

9/20/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 25 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you want money for new small business in Walhalla ND, you ought to talk with a local Walhalla SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Walhalla businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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