Michigan Entrepreneur Secures Financing to Buy Signs By Tomorrow Franchise

Need money to buy a Signs By Tomorrow franchise? Capitol National Bank has a history of making these loans and they are guaranteed by the SBA.

Signs By Tomorrow franchise loans are available to East Lansing, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Capitol National Bank, based in Lansing, Michigan, issued an SBA franchise loan for a Signs By Tomorrow franchise in 2007. We've got all the details on this Michigan small business loan.

SBA Loan Borrower

OLIVETTI, INC.
EAST LANSING, MI 48823

SBA Loan Lender

CAPITOL NATIONAL BANK
200 WASHINGTON SQ NORTH
LANSING, MI 48933

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

339950 - Sign Manufacturing

Loan Approval Date

8/29/2007

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Capitol National Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Signs By Tomorrow

Obtaining Funding - Friends and Family

SBA 7A Banks for Lansing, Michigan Loans

Michigan SBA Bank Lenders