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November 21, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > South Bend, Business Loans > 1st Source Bank South Bend Business Loans > Landscaping Services Loan | ||||
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SBA Lenders for Business Owners in Michigan
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Niles, Michigan Entrepreneur Gets a Business LoanWant a Michigan bank loan? This Michigan entrepreneur got a bank loan, provided by an Indiana bank that works with the SBA to help small business owners. Getting a small business loan in Niles, Michigan was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from 1st Source Bank. Here are the details on this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender 1ST SOURCE BANK This lender processed this small business 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 561730 - Landscaping Services Loan Approval Date 12/8/2006 Loan Approval Gross Amount $91,900 Loan Approval from the SBA Of the total $91,900 loan amount, the SBA guaranteed $45,950. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 10 employees. The loan application indicated that the loan would help retain 12 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Obtaining Funding - How to Decide How Much to Raise Best Banks for Small Business in South Bend, Indiana Browse All Business Loan Sources for Indiana
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