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December 22, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Clinton Township, Business Loans > Macomb Community Bank Clinton Township Business Loans > Activities Related To Credit Intermediation Loan | ||||
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SBA Lender Clinton Township, Michigan
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Entrepreneur Works With Clinton Township, Michigan Bank to Get an SBA LoanA Clinton Township, Michigan business loan can be yours. Learn how a business got a $38,200 business loan from this Michigan bank. This loan to an entrepreneur is a good example of an SBA loan. Macomb Community Bank made the loan and the SBA guaranteed a portion of the loan. Many other Michigan entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: ACTIVITIES RELATED TO CREDIT INTERMEDIATION SBA Loan Lender MACOMB COMMUNITY BANK This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 522390 - Activities Related to Credit Intermediation Loan Approval Date 10/30/2006 Loan Approval Gross Amount $38,200 Loan Approval from the SBA Of the total $38,200 loan amount, the SBA guaranteed $19,100. 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. The SBA loan documents indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Obtaining Funding - How to Borrow Money SBA Approved Banks in Clinton Township, Michigan
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