Grand Haven, Michigan Entrepreneur Gets a Small Business Loan
MichiganBusiness loans are available to Michigan business owners through the SBA. In this case, a Michigan bank provides the loan.
You can learn something about getting a small business loan in Grand Haven, Michigan by studying this loan to a local business, made back in 2004. Banks like Muskegon Commerce Bank may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: BUILDING FINISHING CONTRACTORS
GRAND HAVEN, MI 49417
SBA Loan Lender
MUSKEGON COMMERCE BANK
281 SEMINOLE RD
MUSKEGON, MI 49444
This lender processed this small business loan 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
238390 - Building Finishing Contractors
Loan Approval Date
5/14/2004
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. This loan was not for a franchise. At the time of the loan, the company
had 7 employees. This SBA loan request indicated that the loan would help retain 7 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.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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 Business Credit Cards
Best Muskegon, Michigan Banks for Small Business
SBA Lenders in Michigan