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May 17, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Columbus, Business Loans > The Huntington National Bank Columbus Business Loans > Textile Machinery Manufacturing Loan | ||||
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Who Can Get a Business Loan in Holton, Michigan?
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Business Loans for Textile Machinery ManufacturingWith these business loans for textile machinery manufacturing, the SBA guarantees the lender that the loan will be repaid. This textile machinery manufacturing loan for $25,000 was given to a Michigan entrepreneur in 2007. This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with The Huntington National Bank, out of Columbus, Ohio. The loan was granted and they received $25,000 to help grow their Holton, Michigan business. SBA Loan Borrower COMPANY TYPE: TEXTILE MACHINERY MANUFACTURING SBA Loan Lender THE HUNTINGTON NATIONAL BANK The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 333292 - Textile Machinery Manufacturing Loan Approval Date 2/15/2007 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Holton or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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:
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