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November 25, 2024  
 
 
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I Need a Small Business Loan in Huntington Woods, Michigan

 

 
Loan Census SBA Loan Info

How to Get a Loan for Recreational and Vacation Camps

Looking for business loans for recreational and vacation camps? Try the SBA. This $50,000 recreational and vacation camps loan was issued by a New York bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Newtek Small Business Finance Inc., out of New York, New York. The loan was granted and they received $50,000 to help grow their Huntington Woods, Michigan business.

SBA Loan Borrower

COMPANY TYPE: RECREATIONAL AND VACATION CAMPS
HUNTINGTON WOODS, MI 48070

SBA Loan Lender

NEWTEK SMALL BUSINESS FINANCE INC.
1440 BROADWAY, 17TH FL.
NEW YORK, NY 10018

This lender processed this 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

721214 - Recreational and Vacation Camps

Loan Approval Date

9/3/2003

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 52 employees. The SBA loan application for the borrower indicated that the loan would help retain 52 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Huntington Woods MI, you ought to talk with a local Huntington Woods SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Huntington Woods businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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

Good Banks for Small Business in New York, New York

Getting an SBA Loan in New York