Truck Trailer Manufacturing Commercial Loans

Looking for commercial loans for truck trailer manufacturing? Try the SBA. This $50,000 truck trailer manufacturing loan was issued by a North Dakota bank.

This business knew how to go about getting a business bank loan. Based in Walhalla, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Choice Financial Group, based in Grafton, North Dakota.

SBA Loan Borrower

COMPANY TYPE: TRUCK TRAILER MANUFACTURING
WALHALLA, ND 58282

SBA Loan Lender

CHOICE FINANCIAL GROUP
645 HILL AVE
GRAFTON, ND 58237

This lender processed this bank 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

336212 - Truck Trailer Manufacturing

Loan Approval Date

7/22/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 26 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 26 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money 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 SBA loan was for $50,000. How would you spend $50,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

Related Links:

Direct Public Offerings

SBA Banks in Grafton, North Dakota

North Dakota SBA Bank Lenders