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May 3, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Troy, Business Loans > Lasalle Bank Midwest Troy Business Loans > Brick, Stone, And Related Construction Material Merchant Wholesalers Loan | ||||
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How Hard Is It to Get a Small Business Loan in Farmington Hills, Michigan?
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Financing for Brick, Stone, and Related Construction Material Merchant WholesalersLooking for commercial loans for brick, stone, and related construction material merchant wholesalers? Try the SBA. This $20,000 brick, stone, and related construction material merchant wholesalers loan was issued by a Michigan bank. Getting a small business loan in Farmington Hills, Michigan was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Lasalle Bank Midwest, operating out of Troy, Michigan. Here are the details on this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: BRICK, STONE, AND RELATED CONSTRUCTION MATERIAL MERCHANT WHOLESALERS SBA Loan Lender LASALLE BANK MIDWEST This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 423320 - Brick, Stone, and Related Construction Material Merchant Wholesalers Loan Approval Date 4/14/2006 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. 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 If you are working on finding money to start a business in Farmington Hills MI, you ought to talk with a local Farmington Hills SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Farmington Hills businesses. 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: Where to Get an SBA Loan in Troy, Michigan Getting a Business Loan in Michigan
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