Lansing, Michigan Bank Lends Money to Signs And Advertising Specialties Company in Portage, Michigan
Get SBA loans from a Lansing, Michigan bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Citizens Bank is a Lansing, Michigan small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Michigan company.
SBA Loan Borrower
COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES
PORTAGE, MI 49002
SBA Loan Lender
CITIZENS BANK
2425 E GRAND RIVER AVE
LANSING, MI 48912
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.
SIC Code
3993 - Signs and Advertising Specialties
NAICS Code
339950 - Sign Manufacturing
Loan Approval Date
10/9/2002
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 3 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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