Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

West Fargo, North Dakota Bank for SBA Loans

 

 
Loan Census SBA Loan Info

West Fargo, ND Entrepreneur Gets SBA Loan to Buy Health Mart Inc. Franchise

Need money to buy a Health Mart Inc. franchise? Town & Country Cu has a history of making these loans and they are guaranteed by the SBA.

Health Mart Inc. franchise loans are available to West Fargo, North Dakota entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Town & Country Cu, based in Minot, North Dakota, issued an SBA franchise loan for a Health Mart Inc. franchise in 2007. We've got all the details on this North Dakota small business loan.

SBA Loan Borrower

FRONTIER PHARMACY SERVICES, IN
WEST FARGO, ND 58078

SBA Loan Lender

TOWN & COUNTRY CU
615 S BROADWAY
MINOT, ND 58702

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446110 - Pharmacies and Drug Stores

Loan Approval Date

7/12/2007

Loan Approval Gross Amount

$256,778

Loan Approval from the SBA

Of the total $256,778 loan amount, the SBA guaranteed $192,583.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Health Mart Inc. franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the funding would help create 2 new jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

A Company That Helps Entrepreneurs

Find an SBA Lender in Minot, North Dakota

SBA Participating Banks in North Dakota