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November 21, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Lansing, Business Loans > Lasalle Bank Midwest Lansing Business Loans > Car Washes Loan | ||||
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Grand Rapids, Michigan Bank Loan
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Car Washes Business LoansLooking for business loans for car washes? An SBA loan may be just what you've been looking for. This $202,000 car washes loan was issued by a Michigan bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Grand Rapids, Michigan was able to borrow $202,000 from Lasalle Bank Midwest. The SBA made the loan possible by guaranteeing $101,000 of this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: CAR WASHES SBA Loan Lender LASALLE BANK MIDWEST This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 811192 - Car Washes Loan Approval Date 3/15/2004 Loan Approval Gross Amount $202,000 Loan Approval from the SBA Of the total $202,000 loan amount, the SBA guaranteed $101,000. 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 45 employees. The loan application indicated that the loan would help retain 45 existing jobs. Next Steps for Getting an SBA Loan If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA 7A Banks in Lansing, Michigan
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