Get an SBA Loan for Metal Coating, Engraving and Allied Services
With these loans for metal coating, engraving and allied services, the SBA guarantees the lender that the loan will be repaid. This metal coating, engraving and allied services loan for $30,000 was given to a Michigan entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Battle Creek, Michigan was able to borrow $30,000 from Irwin Union Bank & Trust. The SBA made the loan possible by guaranteeing $25,500 of this Michigan small business loan.
SBA Loan Borrower
COMPANY TYPE: METAL COATING, ENGRAVING AND ALLIED SERVICES
BATTLE CREEK, MI 49015
SBA Loan Lender
IRWIN UNION BANK & TRUST
500 WASHINGTON ST
COLUMBUS, IN 47201
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332812 - Metal Coating, Engraving and Allied Services
Loan Approval Date
1/28/2005
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $25,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to raise money for a company in Battle Creek MI, you ought to talk with a local Battle Creek SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Battle Creek businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Irwin Union Bank & Trust and they will explain how you can get an SBA loan for your company.
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.
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