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November 21, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Office Furniture Loan | ||||
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Michigan Small Business SBA Loans
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Michigan SBA Loan Issued to Office Furniture CompanyMichiganBank loans are available to Michigan firms through the SBA. In this case, a Connecticut bank provides the loan. You can learn something about getting a small business loan in Ann Arbor, Michigan by studying this loan to a local company, made back in 2000. Banks like Ups Capital Business Credit may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: OFFICE FURNITURE SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2522 - Office Furniture NAICS Code 337214 - Office Furniture Manufacturing Loan Approval Date 6/23/2000 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 61 employees. The SBA loan application for the borrower indicated that the loan would help retain 61 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $300,000 loan. Remember, if it to be, it is up to me! 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: A Company That Helps Entrepreneurs
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