Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

How Hard Is It to Get a Small Business Loan in Kalamazoo, Michigan?

 

 
Loan Census SBA Loan Info

SBA Loans for Nursery and Tree Production

Looking for SBA loans for nursery and tree production? Try the SBA. This $783,500 nursery and tree production loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Kalamazoo, Michigan was able to borrow $783,500 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $587,625 of this Michigan small business loan.

SBA Loan Borrower

COMPANY TYPE: NURSERY AND TREE PRODUCTION
KALAMAZOO, MI 49006

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

111421 - Nursery and Tree Production

Loan Approval Date

11/29/2000

Loan Approval Gross Amount

$783,500

Loan Approval from the SBA

Of the total $783,500 loan amount, the SBA guaranteed $587,625.

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 40 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Business Credit Evaluation

Small Business Banks in Houston, Texas

SBA Lenders in Texas