Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Greenville, Michigan Entrepreneurs

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Napa Auto Parts Franchise

Need a loan to purchase a Napa Auto Parts franchise? Greenville Community Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Napa Auto Parts franchise is doable. In 2003, Greenville Community Bank issued an SBA franchise loan to an entrepreneur in Greenville, Michigan. Because Napa Auto Parts was registered with the SBA's registry of franchises, this Michigan small business loan was issued on an expedited basis.

SBA Loan Borrower

MANNA, INC.
GREENVILLE, MI 48838

SBA Loan Lender

GREENVILLE COMMUNITY BANK
1405 W WASHINGTON ST
GREENVILLE, MI 48838

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441310 - Automotive Parts and Accessories Stores

Loan Approval Date

5/13/2003

Loan Approval Gross Amount

$820,000

Loan Approval from the SBA

Of the total $820,000 loan amount, the SBA guaranteed $615,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Napa Auto Parts franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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 Greenville Community Bank 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:

NAPA Auto Parts

A Company That Helps Entrepreneurs

SBA 7A Banks in Greenville, Michigan

Michigan SBA Bank Lenders