Northern Plains Label
Northern Plains Label, located in Fargo, North Dakota, operates in commercial printing (except screen and books). The business was financed with an SBA 7(a) loan for a change of ownership of $2,043,000, approved on April 21, 2025, through First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved Apr 21, 2025
$2,043,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,043,000
- SBA-guaranteed amount
- $1,532,250 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 21, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $27,282 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 323111, Commercial Printing (except Screen and Books)
- Project location
- Cass County, ND
- SBA district office
- North Dakota District Office
- Congressional district
- ND-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 68% of acquisition loans in Commercial Printing (except Screen and Books) on this site.
- Average acquisition loan in Commercial Printing (except Screen and Books): $1,666,227.
- Average acquisition loan in North Dakota: $1,899,142.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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