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December 22, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Lansing, Business Loans > Lasalle Bank Midwest Lansing Business Loans > Snack And Nonalcoholic Beverage Bars Loan | ||||
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Comstock Park, Michigan Bank Loan
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Where to Get Capital for Snack and Nonalcoholic Beverage BarsLooking for SBA loans for snack and nonalcoholic beverage bars? An SBA loan may be just what you've been looking for. This $60,000 snack and nonalcoholic beverage bars loan was issued by a Michigan bank. This small business knew how to go about getting a business bank loan. Based in Comstock Park, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Lasalle Bank Midwest, based in Lansing, Michigan. SBA Loan Borrower COMPANY TYPE: SNACK AND NONALCOHOLIC BEVERAGE BARS SBA Loan Lender LASALLE BANK MIDWEST The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 7/13/2007 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $30,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 4 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 4 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Comstock Park or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Small Bank Loans in Lansing, Michigan
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