Loan Census Banking News and Information
May 21, 2024  
 
 
  Business Loan Information  
 

The Bank Of Canton Small Business Loans Halifax (halifax Beach)

 

 
Loan Census SBA Loan Info

Business Loan from The Bank Of Canton Given to Building Finishing Contractors Company

An SBA loan from The Bank Of Canton typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Halifax (halifax Beach), Massachusetts business owner got a $250,000 loan.

Getting a small business loan in Halifax (halifax Beach), Massachusetts was an essential business goal for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from The Bank Of Canton, operating out of Canton, Massachusetts. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: BUILDING FINISHING CONTRACTORS
HALIFAX (HALIFAX BEACH), MA 02338

SBA Loan Lender

THE BANK OF CANTON
490 TURNPIKE ST
CANTON, MA 02021

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238390 - Building Finishing Contractors

Loan Approval Date

4/4/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Role of Business Plan When Raising Money

Where to Get an SBA Loan in Canton, Massachusetts

Getting a Business Loan in Massachusetts