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May 4, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Abington, Business Loans > Sovereign Bank Abington Business Loans > Floor Laying And Floor Contractors Loan | ||||
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Abington SBA Lenders
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Abington, Massachusetts Lender Lends Money to Floor Laying And Floor Contractors CompanyWant to talk with an Abington, Massachusetts bank about a small business loan? Here's one Massachusetts business loan, issued by an Abington bank, that was approved by the SBA. Applying for an SBA loan with Sovereign Bank worked out well for our friends at one local company in Halifax (halifax Beach), Massachusetts. They got an SBA loan for $135,000. Way to go! SBA Loan Borrower COMPANY TYPE: FLOOR LAYING AND FLOOR CONTRACTORS SBA Loan Lender SOVEREIGN BANK This SBA 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 235520 - Floor Laying and Floor Contractors Loan Approval Date 9/19/2002 Loan Approval Gross Amount $135,000 Loan Approval from the SBA Of the total $135,000 loan amount, the SBA guaranteed $67,500. 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 5 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. 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: Advice on Getting a Small Business Loan Where to Get an SBA Loan in Abington, Massachusetts Massachusetts SBA Bank Lenders
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