Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Rehoboth, Massachusetts Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy 1 800 Got Junk Franchise Issued By Bank Of America

Need a loan to invest in a 1 800 Got Junk franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

If you live near Rehoboth, Massachusetts and are interested in buying a 1 800 Got Junk franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Bank Of America. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

BGD SERVICES,INC.
REHOBOTH, MA 02769

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this bank 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

484210 - Used Household and Office Goods Moving

Loan Approval Date

6/30/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a 1 800 Got Junk franchise. At the time of the loan, the company had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Rehoboth MA, you ought to talk with a local Rehoboth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rehoboth businesses.

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.

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