Loans for Wood Kitchen Cabinet and Countertop Manufacturing

Looking for loans for wood kitchen cabinet and countertop manufacturing? Talk to a banker who works with the SBA. This $45,000 wood kitchen cabinet and countertop manufacturing loan was issued by a Massachusetts bank.

This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Everett Co-Operative Bank, out of Everett, Massachusetts. The loan was granted and they received $45,000 to help grow their Georgetown, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: WOOD KITCHEN CABINETS
GEORGETOWN, MA 01833

SBA Loan Lender

EVERETT CO-OPERATIVE BANK
419 BROADWAY
EVERETT, MA 02149

This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2434 - Wood Kitchen Cabinets

NAICS Code

337110 - Wood Kitchen Cabinet and Countertop Manufacturing

Loan Approval Date

2/16/2000

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $36,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Georgetown MA, you ought to talk with a local Georgetown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Georgetown businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Everett Co-Operative Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Small Business Credit Cards

SBA Approved Banks in Everett, Massachusetts

Massachusetts SBA 7A Lenders