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April 17, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Cranbury, Business Loans > 1st Constitution Bank Cranbury Business Loans > Shoe Stores Loan | ||||
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Holyoke SBA Loans
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Massachusetts Business Loan Issued to Shoe Stores CompanyMassachusettsBank loans are available to Massachusetts firms through the SBA. In this case, a New Jersey bank provides the loan. Getting a small business loan in Holyoke, Massachusetts was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from 1st Constitution Bank. Here are the details on this Massachusetts small business loan. SBA Loan Borrower COMPANY TYPE: SHOE STORES SBA Loan Lender 1ST CONSTITUTION BANK This lender provides SBA commercial 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 448210 - Shoe Stores Loan Approval Date 7/12/2006 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. 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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. 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: SBA Banks in Cranbury, New Jersey Browse All Business Loan Sources for New Jersey
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