Mr. Al Cook

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  www.thetimesherald.com/article/20091015/NEWS01/91015030 - [Cached Version]
  Published on: 10/15/2009    Last Visited: 10/16/2009  

  Al Cook, the SBA's assistant director for lender relations in Michigan, said stimulus funds are being used because the SBA waived guarantee fees and increased the guarantee percentage.
  ...
  Cook said since the stimulus money has been available, the number of loans has increased from 15 a week to 40 to 45 a week.
  
  "I think it shows that the lenders are back in the game for the most part," he said.

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  www.icle.org/directory/contrib_bios.cfm?&Pnumber=F44512 - [Cached Version]
  Published on: 8/13/2007    Last Visited: 8/13/2007  

  Allen P. Cook US Small Business Administration Michigan District OfficeDetroit, Michigan
  
  Allen P. Cook is the assistant district director of the Marketing and Outreach Division.He is responsible for the marketing of all SBA programs throughout the district and for SBA's counseling and technical assistance programs in Michigan.These programs include Service Corps of Retired Executives (SCORE), the Michigan Small Business and Technology Development Center network (MI-SBTDC), Women Business Centers, and many other economic development initiatives of SBA.Since joining SBA in 1978, Mr. Cook has counseled and provided training to countless clients, processed and serviced SBA loans, and spoken to a wide variety of groups about small business and SBA's programs.He also serves as the Veterans Affairs Officer for the Michigan District.A life-long Michigan resident, Mr. Cook received his B.B.A. from Eastern Michigan University and is a veteran of the U.S. Army.

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  www.crainsdetroit.com/apps/pbcs.dll/article?AID=/200712 - [Cached Version]
  Published on: 12/17/2007    Last Visited: 12/17/2007  

  However, people need to be reminded that starting a company can involve many more risks and require working much longer hours than in the corporate world, said Allen Cook, assistant district director for marketing and outreach at the U.S. Small Business Administration in Detroit.
  
  That can be especially true for someone who has recently lost his job and may invest his buyout money in an effort to get back to work, he said.

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  www.hennesseycap.com/henwide2.asp?area_2=pages%2Fnews/a - [Cached Version]
  Published on: 12/3/2005    Last Visited: 2/14/2009  

  "They need to understand the commercial loan process - what do lenders look at, what do they want to see," said Al Cook, chief of the lender relations division at the U.S. Small Business Administration's Detroit office.
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  A lender will likely look at the borrower's personal credit rating, Cook said, and the applicant should be aware of what sort of score a lender is looking for.
  
  "It is a bit higher than it was a year ago, so get a feel for the level of risk lenders are willing to take, which is less than it was a while back," he said.
  
  The applicant's goal should be to reduce the lender's feeling about the level of risk to an acceptable point, Cook said.
  
  "That means that for an existing business, you provide financial information that's up to date, that you're in a position to discuss that financial information, and you can discuss what loan proceeds will do to help the business and what the business will be doing to generate profits and the resulting cash flow to help repay the loan," he said.

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  www.mmbdc.com/en/cev/151 - [Cached Version]
  Published on: 8/7/2009    Last Visited: 8/8/2009  

  Allen Cook
  
  Assistant District Director for SBA

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  www.michigandaily.com/content/2008-10-02/small-business - [Cached Version]
  Published on: 10/1/2008    Last Visited: 10/2/2008  

  Allen Cook, the assistant district director of the SBA's Lender Relations Division for the Detroit area, said statewide loan approvals for Michigan's 850,000 small business owners have declined even more in the past month.
  
  Cook said the 34 percent decline has to do with the anxiety surrounding the proposed $700 billion financial bailout, combined with banks ramping up credit standards.
  
  "Things are really kind of uncertain, and that uncertainty means less availability of funds," he said."It doesn't mean they aren't out there, it just means that it's more of a struggle to get it and that the credit criteria has to be that much stronger."
  
  But even though most banks are keeping a closer eye on each loan, Cook said Ann Arbor's strong economy means it's still a place where small-business loans are likely to be approved.

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  www.crainsdetroit.com/article/20080721/SUB/807210334/10 - [Cached Version]
  Published on: 7/21/2008    Last Visited: 7/21/2008  

  ,They need to understand the commercial loan process , what do lenders look at, what do they want to see,, said Al Cook, chief of the lender relations division at the U.S. Small Business Administration's Detroit office. ,If they don't know what the lender is looking for, they can't be as prepared to discussing their own needs ... and might have to scramble to get the material together that the lender wants to see.,
  ...
  A lender will likely look at the borrower's personal credit rating, Cook said, and the applicant should be aware of what sort of score a lender is looking for.
  
  ,It is a bit higher than it was a year ago, so get a feel for the level of risk lenders are willing to take, which is less than it was a while back,, he said.
  
  The applicant's goal should be to reduce the lender's feeling about the level of risk to an acceptable point, Cook said.
  
  ,That means that for an existing business, you provide financial information that's up to date, that you're in a position to discuss that financial information, and you can discuss what loan proceeds will do to help the business and what the business will be doing to generate profits and the resulting cash flow to help repay the loan,, he said. ,Understand key ratios lenders look at ... be able to clearly discuss why you need the money in specific terms.,

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  www.vetbizcentral.com/photo_vetrepeneur_afternoon.php - [Cached Version]
  Published on: 5/1/2007    Last Visited: 5/1/2007  

  On the panel are, left to right, James N. Phillips Jr. assistant administrative officer for the VA National Center for Patient Safety, Bob Jablonski, owner of Millenium Products, Edward L. Ronders, director of VetBizCentral and Allen P. Cook, assistant district director for the Detroit SBA office.

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  Business Matchmaking - [Cached Version]
  Last Visited: 2/18/2009  

  Alan Cook - SBA

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  Detroit Chinese Business Association - [Cached Version]
  Published on: 8/15/2000    Last Visited: 10/24/2003  

  Speaker: Allen Cook - US Small Business Administration

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