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May 17, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Farmington Hills, Business Loans > Citizens First Savings Bank Farmington Hills Business Loans > Food Supplement Stores Loan | ||||
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SBA Lender Farmington Michigan
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How to Get a Loan for Food Supplement StoresWith these business loans for food supplement stores, the SBA guarantees the lender that the loan will be repaid. This food supplement stores loan for $26,600 was given to a Michigan entrepreneur in 2004. This small business knew how to go about getting a business bank loan. Based in Farmington, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Citizens First Savings Bank, based in Farmington Hills, Michigan. SBA Loan Borrower COMPANY TYPE: FOOD SUPPLEMENT STORES SBA Loan Lender CITIZENS FIRST SAVINGS BANK This SBA small business 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 446191 - Food Supplement Stores Loan Approval Date 11/10/2004 Loan Approval Gross Amount $26,600 Loan Approval from the SBA Of the total $26,600 loan amount, the SBA guaranteed $13,300. 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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $26,600 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Good Banks for Small Business in Farmington Hills, Michigan
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