Business Loan from Northpointe Bank Given to Solid Waste Combustors And Incinerators Company
Northpointe Bank has a track record as a leading provider of SBA loans. Find out how this Michigan entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Muskegon, Michigan was able to borrow $365,000 from Northpointe Bank. The SBA made the loan possible by guaranteeing $273,750 of this Michigan small business loan.
SBA Loan Borrower
COMPANY TYPE: SOLID WASTE COMBUSTORS AND INCINERATORS
MUSKEGON, MI 49444
SBA Loan Lender
NORTHPOINTE BANK
3333 DEPOSIT DR NE
GRAND RAPIDS, MI 49546
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
562213 - Solid Waste Combustors and Incinerators
Loan Approval Date
10/14/2005
Loan Approval Gross Amount
$365,000
Loan Approval from the SBA
Of the total $365,000 loan amount, the SBA guaranteed $273,750.
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 24 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours 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:
Equity Financing
Small Business Banks in Grand Rapids, Michigan
Find an SBA Lender in Michigan