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November 15, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Willmar, Business Loans > Bremer Bank Willmar Business Loans > Sewing, Needlework, And Piece Goods Stores Loan | ||||
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Business Loans for Willmar Small Business Owners
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Sewing, Needlework, and Piece Goods Stores Small Business LoansLooking for small business loans for sewing, needlework, and piece goods stores? An SBA loan may be just what you've been looking for. This $28,000 sewing, needlework, and piece goods stores loan was issued by a Minnesota bank. This company knew how to go about getting a business bank loan. Based in Willmar, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Bremer Bank, based in Willmar, Minnesota. SBA Loan Borrower COMPANY TYPE: SEWING, NEEDLEWORK, AND PIECE GOODS STORES SBA Loan Lender BREMER BANK This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5949 - Sewing, Needlework, and Piece Goods Stores NAICS Code 451130 - Sewing, Needlework, and Piece Goods Stores Loan Approval Date 7/16/2001 Loan Approval Gross Amount $28,000 Loan Approval from the SBA Of the total $28,000 loan amount, the SBA guaranteed $23,800. 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 only one employee. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Best Banks in Willmar, Minnesota
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