Loan Census Banking News and Information
April 20, 2021  
  Business Loan Information  

We Needed an SBA Loan in Great Barrington, Massachusetts and We Got One!


Loan Census SBA Loan Info

Getting an SBA Loan for Used Merchandise Stores

With these commercial loans for used merchandise stores, the SBA guarantees the lender that the loan will be repaid. This used merchandise stores loan for $50,000 was given to a Massachusetts entrepreneur in 2001.

Getting a small business loan in Great Barrington, Massachusetts was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bank Of America, operating out of Providence, Rhode Island. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower


SBA Loan Lender


This 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.


453310 - Used Merchandise Stores

Loan Approval Date


Loan Approval Gross Amount


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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Great Barrington MA, you ought to talk with a local Great Barrington SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Great Barrington 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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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:

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Best Banks for Small Business in Providence, Rhode Island

Find an SBA Lender in Rhode Island