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November 21, 2024  
 
 
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Loan Census SBA Loan Info

Melvindale, Michigan Entrepreneur Gets a Bank Loan

Would a Michigan SBA loan help your business get to the next level? If so, you may want to talk with this Texas bank, which offers SBA loans to Michigan entrepreneurs.

You can learn something about getting a small business loan in Melvindale, Michigan by studying this loan to a local business, made back in 2001. Banks like Jpmorgan Chase Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE GLASS REPLACEMENT SHOPS
MELVINDALE, MI 48122

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811122 - Automotive Glass Replacement Shops

Loan Approval Date

1/26/2001

Loan Approval Gross Amount

$129,300

Loan Approval from the SBA

Of the total $129,300 loan amount, the SBA guaranteed $96,975.

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 3 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Getting an SBA Loan For Your Business

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

This SBA loan was for $129,300. How would you spend $129,300 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.

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