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May 3, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Truck Trailer Manufacturing Loan | ||||
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How to Get SBA Loans in White Pigeon, Michigan
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Loans for Truck Trailer ManufacturingLooking for loans for truck trailer manufacturing? Try the SBA. This $350,000 truck trailer manufacturing loan was issued by a California bank. Getting a small business loan in White Pigeon, Michigan was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Temecula Valley Bank, operating out of Temecula, California. Here are the details on this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: TRUCK TRAILER MANUFACTURING SBA Loan Lender TEMECULA VALLEY BANK This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 336212 - Truck Trailer Manufacturing Loan Approval Date 10/19/2004 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. More Information on This SBA Loan The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 25 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in White Pigeon 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: Small Bank Loans in Temecula, California
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