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December 21, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > San Francisco, Business Loans > Bank Of The West San Francisco Business Loans > Retail Stores Loan | ||||
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California Bank SBA Loans
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Bank Of The West SBA Loan to Retail Stores CompanyWant a Michigan business loan? Here's one Michigan business loan that was approved by the SBA. This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Bank Of The West, out of San Francisco, California. The loan was granted and they received $104,600 to help grow their St. Ignace, Michigan business. SBA Loan Borrower COMPANY TYPE: RETAIL STORES SBA Loan Lender BANK OF THE WEST This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5999 - Retail Stores Loan Approval Date 9/29/2000 Loan Approval Gross Amount $104,600 Loan Approval from the SBA Of the total $104,600 loan amount, the SBA guaranteed $78,450. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We can help you find the best banks for small businesses in St. Ignace 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 Participating Banks in San Francisco, California
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