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December 22, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Packaging Machinery Manufacturing Loan | ||||
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SBA Lender Grand Junction Michigan
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Commercial Loans for Packaging Machinery ManufacturingWith these commercial loans for packaging machinery manufacturing, the SBA guarantees the lender that the loan will be repaid. This packaging machinery manufacturing loan for $35,000 was given to a Michigan entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Grand Junction, Michigan was able to borrow $35,000 from Capital One. The SBA made the loan possible by guaranteeing $17,500 of this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: PACKAGING MACHINERY MANUFACTURING SBA Loan Lender CAPITAL ONE This lender processed this bank 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 333993 - Packaging Machinery Manufacturing Loan Approval Date 4/4/2007 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. 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 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Capital One and they will explain how you can get an SBA loan for your company. 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: How Much Venture Capital Is There? SBA 7A Lenders in Mclean, Virginia
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