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May 15, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Adrian, Business Loans > Bank Of Lenawee Adrian Business Loans > Golf Courses And Country Clubs Loan | ||||
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Bank Of Lenawee SBA Loan Hudson
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Hudson, Michigan Business Gets SBA-Guaranteed Funding from Bank Of LenaweeBank Of Lenawee and the SBA work together to get business loans for growing small businesses. Here's an example of how a Michigan entrepreneur was able to get a loan to take a small business to the next level. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Bank Of Lenawee, out of Adrian, Michigan. The loan was granted and they received $550,000 to help grow their Hudson, Michigan business. SBA Loan Borrower COMPANY TYPE: GOLF COURSES AND COUNTRY CLUBS SBA Loan Lender BANK OF LENAWEE The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 713910 - Golf Courses and Country Clubs Loan Approval Date 2/22/2001 Loan Approval Gross Amount $550,000 Loan Approval from the SBA Of the total $550,000 loan amount, the SBA guaranteed $412,500. 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 did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Hudson 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: Where to Get an SBA Loan Michigan
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