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The Citizens National Bank of Park Rapids
| Term | Value | Source |
|---|---|---|
| Loan amount | Not parsed | |
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| Collateral | Not parsed | |
| Prepayment penalty | Not parsed | |
| Maximum loan to value | Not parsed | |
| Draw period | Not parsed | |
| Repayment period | Not parsed | |
| Rate floor | Not parsed | |
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| APR | — | |
| Fees | — | |
| Access to fundsThe 504 Program is designed to help small businesses with growth and job creation using a range of assets which includes the improvement or modernization of land, utilities, parking lots, landscaping, streets, and existing facilities. Loan funds can also be used in the purchase or construction of existing buildings or land, new facilities and long-term machinery and equipment. The SBA 504 loan cannot be used for working capital or inventory, consolidating, repaying or refinancing debt or speculation or investment in rental real estate. | WithheldThe Citizens National Bank of Park Rapids · Page Capture Oct 5, 2026 · Captured Oct 5, 2026 | Website |