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March 28, 2024  
 
 
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Massachusetts SBA 7A Lenders

 

 
Loan Census SBA Loan Info

Wakefield, Massachusetts Lender Lends Money to Nondurable Goods Wholesalers Company

Get small business loans from a Wakefield, Massachusetts 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.

Massachusetts Business is a Wakefield, Massachusetts small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Massachusetts company.

SBA Loan Borrower

COMPANY TYPE: NONDURABLE GOODS WHOLESALERS
FOXBORO, MA 02035

SBA Loan Lender

MASSACHUSETTS BUSINESS
500 EDGEWATER DR., SUITE 555
WAKEFIELD, MA 01880

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422990 - Nondurable Goods Wholesalers

Loan Approval Date

12/4/2001

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 an existing business. This loan was not for a franchise. At the time of the loan, the company had 18 employees. This SBA loan request indicated that the loan would help retain 18 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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:

Obtaining Funding - Friends and Family

SBA Approved Banks in Wakefield, Massachusetts

Getting an SBA Loan in Massachusetts