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December 23, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Henderson, Business Loans > Washington Mutual Bank Henderson Business Loans > Grocery Stores Loan | ||||
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Henderson, Nevada SBA 7A Banks
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Henderson, Nevada Bank Gives SBA Loan to Grocery Stores CompanyThinking about meeting with a Henderson, Nevada bank about an SBA loan? Here's one Michigan business loan, issued by a Henderson bank, that was approved by the SBA. Applying for an SBA loan with Washington Mutual Bank worked out well for our friends at one local business in Southgate, Michigan. They received an SBA loan for $1,295,300. Great job! SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender WASHINGTON MUTUAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores Loan Approval Date 1/20/2000 Loan Approval Gross Amount $1,295,300 Loan Approval from the SBA Of the total $1,295,300 loan amount, the SBA guaranteed $749,991. 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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business 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 Southgate 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. Related Links: SBA 7A Lenders in Henderson, Nevada
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