Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Clinton Township, Michigan Bank Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Claims Adjusting

Looking for SBA loans for claims adjusting? The SBA may be the answer. This $279,000 claims adjusting loan was issued by an Ohio bank.

This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with The Huntington National Bank, out of Canton, Ohio. The loan was granted and they received $279,000 to help grow their Clinton Township, Michigan business.

SBA Loan Borrower

COMPANY TYPE: CLAIMS ADJUSTING
CLINTON TOWNSHIP, MI 48038

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
220 MARKET AVE SOUTH, UNITED
CANTON, OH 44702

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.

NAICS Code

524291 - Claims Adjusting

Loan Approval Date

3/2/2005

Loan Approval Gross Amount

$279,000

Loan Approval from the SBA

Of the total $279,000 loan amount, the SBA guaranteed $209,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the funding would help generate 1 new job.

Getting an SBA Loan For Your Business

If you need money to start a small business or need money for an existing business, an SBA loan can be a great funding source

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Understanding Dilution

SBA Banks in Canton, Ohio

Find an SBA Lender in Ohio