Small Business Loans for Sewing, Needlework, and Piece Goods Stores
Looking for small business loans for sewing, needlework, and piece goods stores? Talk to a banker who works with the SBA. This $150,000 sewing, needlework, and piece goods stores loan was issued by a North Dakota bank.
This company knew how to go about getting a business bank loan. Based in Williston, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Amer St. Bank & Trust - Willisto, based in Williston, North Dakota.
SBA Loan Borrower
COMPANY TYPE: SEWING, NEEDLEWORK, AND PIECE GOODS STORES
WILLISTON, ND 58801
SBA Loan Lender
AMER ST. BANK & TRUST - WILLISTO
223 MAIN ST
WILLISTON, ND 58802
This lender issued this particular SBA small business 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.
NAICS Code
451130 - Sewing, Needlework, and Piece Goods Stores
Loan Approval Date
8/4/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 4 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
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:
Determining Proper Capital Structure for a Business
Who Lends Money to Small Businesses in Williston, North Dakota
North Dakota SBA Banks