Loan Census Banking News and Information
April 28, 2024  
 
 
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Grand Haven, Michigan Bank Loan

 

 
Loan Census SBA Loan Info

Loan to Buy Grand Traverse Pie Company Franchise Issued By Northwestern Bank

Need money to buy a Grand Traverse Pie Company franchise? Northwestern Bank has a history of making these loans and they are guaranteed by the SBA.

Grand Traverse Pie Company franchise loans are available to Grand Haven, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Northwestern Bank, based in Traverse City, Michigan, issued an SBA franchise loan for a Grand Traverse Pie Company franchise in 2006. We've got all the details on this Michigan small business loan.

SBA Loan Borrower

GRAND TRAVERSE PIE COMPANY
GRAND HAVEN, MI 49417

SBA Loan Lender

NORTHWESTERN BANK
625 S GARFIELD
TRAVERSE CITY, MI 49686

This loan for a small business 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

445291 - Baked Goods Stores

Loan Approval Date

3/1/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Grand Traverse Pie Company franchise. At the time of the loan, the company had 10 employees. The SBA loan documents indicated that the loan would help create 10 new jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Northwestern Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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