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December 20, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Ada, Business Loans > Fifth Third Bank Ada Business Loans > Dance Companies Loan | ||||
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SBA Lenders in Flushing
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SBA Loan from Fifth Third Bank Helps Dance Companies CompanyFifth Third Bank has a track record as a leading provider of SBA loans. Find out how this Michigan entrepreneur received an SBA loan from them. This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Fifth Third Bank, out of Ada, Michigan. The loan was granted and they received $183,500 to help grow their Flushing, Michigan business. SBA Loan Borrower COMPANY TYPE: DANCE COMPANIES SBA Loan Lender FIFTH THIRD BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 711120 - Dance Companies Loan Approval Date 11/30/2006 Loan Approval Gross Amount $183,500 Loan Approval from the SBA Of the total $183,500 loan amount, the SBA guaranteed $137,625. 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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My 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 Flushing 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: Role of Business Plan When Raising Money Browse All Business Loan Sources for Michigan
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