Financing for Lessors of Residential Buildingsv and Dwellings
Looking for loans for lessors of residential buildingsv and dwellings? An SBA loan may be just what you've been looking for. This $100,000 lessors of residential buildingsv and dwellings loan was issued by a Michigan bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oshkosh, Wisconsin was able to borrow $100,000 from Citizens Bank. The SBA made the loan possible by guaranteeing $50,000 of this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: LESSORS OF RESIDENTIAL BUILDINGSV AND DWELLINGS
OSHKOSH, WI 54901
SBA Loan Lender
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
531110 - Lessors of Residential Buildingsv and Dwellings
Loan Approval Date
7/3/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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
SBA Approved Banks in Flint, Michigan
SBA Michigan Banks