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May 9, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Flint, Business Loans > Citizens Bank Flint Business Loans > Industrial Supplies Merchant Wholesalers Loan | ||||
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Banks Doing SBA Loans in Michigan
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Flint, Michigan Lender Lends Money to Industrial Supplies Merchant Wholesalers CompanyWant to talk with a Flint, Michigan bank about a business loan? Here's one Ohio business loan, issued by a Flint bank, that was approved by the SBA. Applying for an SBA loan with Citizens Bank worked out well for our friends at one local firm in Eastlake, Ohio. They received an SBA loan for $300,000. Nice! SBA Loan Borrower COMPANY TYPE: INDUSTRIAL SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender CITIZENS BANK This lender processed this SBA bank 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 423840 - Industrial Supplies Merchant Wholesalers Loan Approval Date 7/20/2007 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citizens Bank and they will explain how you can get an SBA loan for your company. 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 Flint, Michigan Loans
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