Fluid Power Valve and Hose Fitting Manufacturing SBA Loans
Looking for SBA loans for fluid power valve and hose fitting manufacturing? Try the SBA. This $11,000 fluid power valve and hose fitting manufacturing loan was issued by a Michigan bank.
This small business knew how to go about getting a business bank loan. Based in East Tawas (rr Name East Tawas, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Huron Community Bank, based in East Tawas, Michigan.
SBA Loan Borrower
COMPANY TYPE: FLUID POWER VALVE AND HOSE FITTING MANUFACTURING
EAST TAWAS (RR NAME EAST TAWAS, MI 48730
SBA Loan Lender
HURON COMMUNITY BANK
301 N NEWMAN
EAST TAWAS, MI 48730
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
332912 - Fluid Power Valve and Hose Fitting Manufacturing
Loan Approval Date
7/12/2006
Loan Approval Gross Amount
$11,000
Loan Approval from the SBA
Of the total $11,000 loan amount, the SBA guaranteed $5,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 17 employees. The SBA loan documents indicated that the loan would help retain 17 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Huron Community Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Bank Credit Lines
Small Bank Loans in East Tawas, Michigan
Getting an SBA Loan in Michigan