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November 22, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Ann Arbor, Business Loans > Tcf National Bank Ann Arbor Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
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SBA Lenders Michigan
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Entrepreneur Works With Ann Arbor, Michigan Bank to Get an SBA LoanWant to talk with an Ann Arbor, Michigan bank about a business loan? Here's one Michigan business loan, issued by an Ann Arbor bank, that was approved by the SBA. Applying for an SBA loan with Tcf National Bank worked out well for our friends at one local company in Ecorse, Michigan. They got an SBA loan for $50,000. Nice! SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender TCF NATIONAL BANK This lender processed this debt financing 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 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 5/10/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 6 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Family and Friend Investors - Your First Financiers SBA 7A Banks for Ann Arbor, Michigan Loans Find an SBA Lender in Michigan
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