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ND
New Town
K. & B. Foods, Inc.
SBA 7(a)
Current
K. & B. Foods, Inc.
New Town, ND
First Bank of the Lake
Supermarkets and Other Grocery (except Convenience) Stores · NAICS 445110
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APPROVAL AMOUNT
$5,000,000
PROGRAM
SBA 7(a)
12 years term
APPROVED
2024-10-16
10.25% rate
JOBS SUPPORTED
17
Borrower-reported
Loan details & location
LOCATION
New Town, ND 58763
INDUSTRY
Supermarkets and Other Grocery (except Convenience) Stores · NAICS 445110
BUSINESS STRUCTURE
Corporation
LOAN TERM
12 years
INITIAL INTEREST RATE
10.25%
LOAN STATUS
Current
New Town, ND 58763
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