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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 > Tmf Inc Loan | ||||
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Stoughton (town Of), Massachusetts Bank for SBA Loans
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Borrow Money to Buy a Servpro FranchiseNeed money to invest in a Servpro franchise? Sovereign Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Stoughton (town Of), Massachusetts needed money to invest in a Servpro franchise back in 2003. Sovereign Bank issued an SBA franchise loan. Here are the details on this Massachusetts small business loan. SBA Loan Borrower TMF INC SBA Loan Lender SOVEREIGN BANK This business 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 811490 - Personal and Household Goods Repair and Maintenance Loan Approval Date 8/19/2003 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Servpro 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. Getting an SBA Loan For Your Business If you are raising money in Stoughton (town Of) MA, you ought to talk with a local Stoughton (town Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Stoughton (town Of) businesses. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Sovereign Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Approved Banks in Abington, Massachusetts Browse All Business Loan Sources for Massachusetts
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