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May 15, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Muskegon, Business Loans > Muskegon Commerce Bank Muskegon Business Loans > Aluminum Die-Casting Foundries Loan | ||||
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Banks in Muskegon, Michigan That Make SBA Loans
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Muskegon, Michigan Bank Gives SBA Loan to Aluminum Die-Casting Foundries CompanyGet small business loans from a Muskegon, Michigan bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Muskegon Commerce Bank is a Muskegon, Michigan small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Michigan company. SBA Loan Borrower COMPANY TYPE: ALUMINUM DIE-CASTING FOUNDRIES SBA Loan Lender MUSKEGON COMMERCE BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide debt financing to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 331521 - Aluminum Die-Casting Foundries Loan Approval Date 7/25/2005 Loan Approval Gross Amount $750,000 Loan Approval from the SBA Of the total $750,000 loan amount, the SBA guaranteed $562,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 175 employees. The loan application indicated that the loan would help retain 175 existing jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Muskegon 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: SBA Banks in Muskegon, Michigan
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