Commercial Loans for Carpentry Contractors
Looking for commercial loans for carpentry contractors? Talk to a banker who works with the SBA. This $53,000 carpentry contractors loan was issued by a Michigan bank.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Range Bank, out of Negaunee, Michigan. The loan was granted and they received $53,000 to help grow their Marquette, Michigan business.
SBA Loan Borrower
COMPANY TYPE: CARPENTRY WORK
MARQUETTE, MI 49855
SBA Loan Lender
RANGE BANK
350 IRON ST
NEGAUNEE, MI 49866
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1751 - Carpentry Work
NAICS Code
235510 - Carpentry Contractors
Loan Approval Date
4/12/2000
Loan Approval Gross Amount
$53,000
Loan Approval from the SBA
Of the total $53,000 loan amount, the SBA guaranteed $42,400.
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 8 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This SBA loan was for $53,000. How would you spend $53,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Small Business Loan
SBA Banks in Negaunee, Michigan
Where to Get an SBA Loan Michigan