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April 28, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Rockland, Business Loans > Rockland Trust Company Rockland Business Loans > Engineering Services Loan | ||||
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Norwell, Massachusetts Bank Loan
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Borrowing Money for Engineering ServicesLooking for bank loans for engineering services? Try the SBA. This $150,000 engineering services loan was issued by a Massachusetts bank. This small firm knew how to go about getting a business bank loan. Based in Norwell, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Rockland Trust Company, based in Rockland, Massachusetts. SBA Loan Borrower COMPANY TYPE: ENGINEERING SERVICES SBA Loan Lender ROCKLAND TRUST COMPANY This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 541330 - Engineering Services Loan Approval Date 6/4/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the borrowed money would help generate 2 new jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Norwell or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: How Much Venture Capital Is There? Where to Get an SBA Loan in Rockland, Massachusetts
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