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November 23, 2024  
 
 
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SBA 7A Banks for Webster Small Businesses

 

 
Loan Census SBA Loan Info

Small Business Loans for Metal Coating, Engraving and Allied Services

Looking for small business loans for metal coating, engraving and allied services? Talk to a banker who works with the SBA. This $282,000 metal coating, engraving and allied services loan was issued by a South Dakota bank.

Getting a small business loan in Webster, South Dakota was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Dacotah Bank, operating out of Webster, South Dakota. Here are the details on this South Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: METAL COATING, ENGRAVING AND ALLIED SERVICES
WEBSTER, SD 57274

SBA Loan Lender

DACOTAH BANK
600 MAIN ST
WEBSTER, SD 57274

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332812 - Metal Coating, Engraving and Allied Services

Loan Approval Date

11/1/2001

Loan Approval Gross Amount

$282,000

Loan Approval from the SBA

Of the total $282,000 loan amount, the SBA guaranteed $211,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 11 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

We can help you find the best banks for small businesses in Webster or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

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Best Webster, South Dakota Banks for Small Business

South Dakota SBA 7A Lenders