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May 16, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Residential Property Managers Loan | ||||
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Oak Park, Michigan Bank Loan
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Oak Park, Michigan Entrepreneur Gets an SBA LoanMichiganBank loans are available to Michigan firms through the SBA. In this case, a Rhode Island bank provides the loan. You can learn something about getting a small business loan in Oak Park, Michigan by studying this loan to a local company, made back in 2006. Banks like Rbs Citizens may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: RESIDENTIAL PROPERTY MANAGERS SBA Loan Lender RBS CITIZENS 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 531311 - Residential Property Managers Loan Approval Date 4/7/2006 Loan Approval Gross Amount $93,000 Loan Approval from the SBA Of the total $93,000 loan amount, the SBA guaranteed $46,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. While you may be able to borrow money from friends and family, 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: SBA 7A Banks in Providence, Rhode Island
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