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April 29, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Somerville, Business Loans > Century Bank And Trust Company Somerville Business Loans > Cut Stone And Stone Product Manufacturing Loan | ||||
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SBA 7A Banks for Braintree (town Of) Businesses
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Braintree (town Of), Massachusetts Entrepreneur Gets an SBA LoanWant a Massachusetts SBA loan? This Massachusetts entrepreneur got an SBA loan, provided by a Massachusetts bank that works with the SBA to help small business owners. Getting a small business loan in Braintree (town Of), Massachusetts was a top priority for this particular business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Century Bank And Trust Company. Here are the details on this Massachusetts small business loan. SBA Loan Borrower COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING SBA Loan Lender CENTURY BANK AND TRUST COMPANY This small 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 327991 - Cut Stone and Stone Product Manufacturing Loan Approval Date 1/24/2007 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. 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 application for the borrower did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Century Bank And Trust Company 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: Where to Get an SBA Loan in Somerville, Massachusetts
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