Security State Bank Gives Bank Loan to Pharmacies And Drug Stores Company

Searching for a North Dakota bank loan? This North Dakota entrepreneur got a bank loan, provided by a North Dakota bank that works with the SBA to help small business owners.

Getting a small business loan in Wishek, North Dakota was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Security State Bank. Here are the details on this North Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: PHARMACIES AND DRUG STORES
WISHEK, ND 58495

SBA Loan Lender

SECURITY STATE BANK
102 CENTENNIAL ST NORTH
WISHEK, ND 58495

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA 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

3/29/2001

Loan Approval Gross Amount

$332,400

Loan Approval from the SBA

Of the total $332,400 loan amount, the SBA guaranteed $249,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Wishek 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:

Small Business Loan

Small Business Banks in Wishek, North Dakota

North Dakota SBA Bank Lenders