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May 13, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Support Activities For Forestry Loan | ||||
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Getting an SBA Loan in Gladstone, Michigan
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Capital One Gives Bank Loan to Support Activities For Forestry CompanyMichiganSmall business loans are available to Michigan small business owners through the SBA. In this case, a Virginia bank provides the loan. Getting a small business loan in Gladstone, Michigan was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Capital One. Here are the details on this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: SUPPORT ACTIVITIES FOR FORESTRY SBA Loan Lender CAPITAL ONE This lender processed this commercial 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 115310 - Support Activities for Forestry Loan Approval Date 4/19/2005 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. 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 $20,000 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: Accountant's Role in Securing Financing Best Mclean, Virginia Banks for Small Business
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