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November 21, 2024 |
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| Home > Small Business Lenders by State > South Dakota Business Loan Sources > Watertown, Business Loans > Great Western Bank Watertown Business Loans > Media Representatives Loan | ||||
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Watertown, South Dakota Bank Loan
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Get an SBA Loan for Media RepresentativesLooking for loans for media representatives? The SBA may be the answer. This $308,700 media representatives loan was issued by a South Dakota bank. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Great Western Bank, out of Watertown, South Dakota. The loan was granted and they received $308,700 to help grow their Watertown, South Dakota business. SBA Loan Borrower COMPANY TYPE: MEDIA REPRESENTATIVES SBA Loan Lender GREAT WESTERN BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541840 - Media Representatives Loan Approval Date 5/4/2007 Loan Approval Gross Amount $308,700 Loan Approval from the SBA Of the total $308,700 loan amount, the SBA guaranteed $231,525. 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 6 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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. Related Links: Good Banks for Small Business in Watertown, South Dakota
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