Loan Census Banking News and Information
November 15, 2024  
 
 
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Small Business Banks for White Pigeon, Michigan Entrepreneurs

 

 
Loan Census SBA Loan Info

Travel Trailer and Camper Manufacturing Bank Loans

With these bank loans for travel trailer and camper manufacturing, the SBA guarantees the lender that the loan will be repaid. This travel trailer and camper manufacturing loan for $975,000 was given to a Michigan entrepreneur in 2004.

This company knew how to go about getting a business bank loan. Based in White Pigeon, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Mfb Financial, based in Mishawaka, Indiana.

SBA Loan Borrower

COMPANY TYPE: TRAVEL TRAILER AND CAMPER MANUFACTURING
WHITE PIGEON, MI 49099

SBA Loan Lender

MFB FINANCIAL
121 S CHURCH ST
MISHAWAKA, IN 46544

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

336214 - Travel Trailer and Camper Manufacturing

Loan Approval Date

7/30/2004

Loan Approval Gross Amount

$975,000

Loan Approval from the SBA

Of the total $975,000 loan amount, the SBA guaranteed $877,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 150 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

This SBA loan was for $975,000. How would you spend $975,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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