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November 22, 2024  
 
 
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Loan Census SBA Loan Info

Architectural Services Business Loans

Looking for business loans for architectural services? The SBA may be the answer. This $40,000 architectural services loan was issued by a Michigan bank.

Getting a small business loan in Madison Heights, Michigan was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Auburn Hills, operating out of Auburn Hills, Michigan. Here are the details on this Michigan small business loan.

SBA Loan Borrower

COMPANY TYPE: ARCHITECTURAL SERVICES
MADISON HEIGHTS, MI 48071

SBA Loan Lender

BANK OF AUBURN HILLS
1988 N OPDYKE RD
AUBURN HILLS, MI 48326

This lender processed this commercial 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

541310 - Architectural Services

Loan Approval Date

2/9/2006

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Understanding Dilution

Small Business Banks in Auburn Hills, Michigan

Getting a Business Loan in Michigan