Loan Census Banking News and Information
May 14, 2024  
 
 
  Business Loan Information  
 

Legacy Banks Sheffield, Massachusetts

 

 
Loan Census SBA Loan Info

Business Loan from Legacy Banks Given to Nonhazardous Waste Treatment And Disposal Company

Legacy Banks has a track record as a leading provider of SBA loans. Find out how this Massachusetts entrepreneur received an SBA loan from them.

Getting a small business loan in Sheffield, Massachusetts was an essential business goal for this firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Legacy Banks, operating out of Lenox, Massachusetts. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: NONHAZARDOUS WASTE TREATMENT AND DISPOSAL
SHEFFIELD, MA 01257

SBA Loan Lender

LEGACY BANKS
25 MAIN ST
LENOX, MA 01240

This lender processed this business 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

562219 - Nonhazardous Waste Treatment and Disposal

Loan Approval Date

10/25/2004

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

Related Links:

Business Incubators

Small Bank Loans in Lenox, Massachusetts

Where to Get an SBA Loan Massachusetts