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December 21, 2024  
 
 
  Business Loan Information  
 

We Needed a Business Loan in Beulah, Michigan and We Got One!

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Plumbing, Heating, and Air-Conditioning Contractors

Looking for bank loans for plumbing, heating, and air-conditioning contractors? An SBA loan may be just what you've been looking for. This $314,000 plumbing, heating, and air-conditioning contractors loan was issued by a Michigan bank.

This company knew how to go about getting a business bank loan. Based in Beulah, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was The Honor State Bank, based in Honor, Michigan.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
BEULAH, MI 49617

SBA Loan Lender

THE HONOR STATE BANK
2254 HENRY ST
HONOR, MI 49640

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

10/4/2006

Loan Approval Gross Amount

$314,000

Loan Approval from the SBA

Of the total $314,000 loan amount, the SBA guaranteed $157,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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