Get an SBA Loan for Fabricated Metal Product Manufacturing
Looking for bank loans for fabricated metal product manufacturing? Try the SBA. This $250,000 fabricated metal product manufacturing loan was issued by a Michigan bank.
This company knew how to go about getting a business bank loan. Based in Coopersville, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Lasalle Bank Midwest, based in Troy, Michigan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
Coopersville, MI 49404
SBA Loan Lender
LASALLE BANK MIDWEST
2600 W BIG BEAVER RD
TROY, MI 48084
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
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
4/13/2007
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 26 employees. The SBA loan application for the borrower indicated that the loan would help generate 42 new jobs and retain 26 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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