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May 17, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Kalamazoo, Business Loans > Keystone Community Bank Kalamazoo Business Loans > Nail Salons Loan | ||||
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Banks in Kalamazoo, Michigan That Make SBA Loans
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Entrepreneur Works With Kalamazoo, Michigan Bank to Get an SBA LoanA Kalamazoo, Michigan business loan can be yours. Learn how a company got a $57,000 business loan from this Michigan bank. This loan to an entrepreneur is a good example of an SBA loan. Keystone Community Bank made the loan and the SBA guaranteed a portion of the loan. Many other Michigan entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: NAIL SALONS SBA Loan Lender KEYSTONE COMMUNITY BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812113 - Nail Salons Loan Approval Date 7/27/2004 Loan Approval Gross Amount $57,000 Loan Approval from the SBA Of the total $57,000 loan amount, the SBA guaranteed $48,450. 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 only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to raise money for a company in Lawrence MI, you ought to talk with a local Lawrence SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lawrence businesses. We've showcased information on this loan to let you know that businesses like yours 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: SBA 7A Banks for Kalamazoo, Michigan Loans SBA Participating Banks in Michigan
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