Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

SBA Lender East Tawas

 

 
Loan Census SBA Loan Info

East Tawas, Michigan Bank Lends Money to Lawyers Company in Tawas City, Michigan

Thinking about meeting with an East Tawas, Michigan bank about a small business loan? Here's one Michigan business loan, issued by an East Tawas bank, that was approved by the SBA.

Applying for an SBA loan with Huron Community Bank worked out well for our friends at one local firm in Tawas City, Michigan. They got an SBA loan for $10,000. Nice!

SBA Loan Borrower

COMPANY TYPE: LAWYERS
TAWAS CITY, MI 48763

SBA Loan Lender

HURON COMMUNITY BANK
301 N NEWMAN
EAST TAWAS, MI 48730

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541110 - Lawyers

Loan Approval Date

6/4/2007

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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 Borrow Money

SBA Approved Banks in East Tawas, Michigan

Getting an SBA Loan in Michigan