How to Get a Loan for Industrial Pattern Manufacturing

Looking for business loans for industrial pattern manufacturing? Talk to a banker who works with the SBA. This $42,500 industrial pattern manufacturing loan was issued by a Michigan bank.

This business received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Muskegon Commerce Bank, out of Muskegon, Michigan. The loan was granted and they received $42,500 to help grow their Ravenna, Michigan business.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL PATTERN MANUFACTURING
RAVENNA, MI 49451

SBA Loan Lender

MUSKEGON COMMERCE BANK
281 SEMINOLE RD
MUSKEGON, MI 49444

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332997 - Industrial Pattern Manufacturing

Loan Approval Date

2/6/2008

Loan Approval Gross Amount

$42,500

Loan Approval from the SBA

Of the total $42,500 loan amount, the SBA guaranteed $36,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had no employees. The SBA loan application for the borrower indicated that the borrowed money would help create 2 new jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Ravenna or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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