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May 19, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Clinton Township, Business Loans > Macomb Community Bank Clinton Township Business Loans > Optometrists Loan | ||||
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How to Get SBA Money in Saint Clair Shores, Michigan
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Local Business Gets a Michigan Bank LoanMichiganBusiness loans are available to Michigan business owners through the SBA. In this case, a Michigan bank provides the loan. You can learn something about getting a small business loan in Saint Clair Shores, Michigan by studying this loan to a local business, made back in 2006. Banks like Macomb Community Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: OPTOMETRISTS SBA Loan Lender MACOMB COMMUNITY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 621320 - Optometrists Loan Approval Date 1/16/2006 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $42,500. 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 4 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 4 existing jobs. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This SBA loan was for $50,000. How would you spend $50,000 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. Related Links: SBA 7A Banks in Clinton Township, Michigan
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