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April 19, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Lowell, Business Loans > Enterprise Bank & Trust Lowell Business Loans > Clean Guys, LLC Loan | ||||
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Business Loans for North Andover Small Businesses
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Borrow Money to Buy a Servpro FranchiseBorrowing money to purchase a Servpro franchise? Enterprise Bank & Trust has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in North Andover, Massachusetts needed money to invest in a Servpro franchise back in 2007. Enterprise Bank & Trust issued an SBA franchise loan. Here are the details on this Massachusetts small business loan. SBA Loan Borrower CLEAN GUYS, LLC SBA Loan Lender ENTERPRISE BANK & TRUST This SBA 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 561720 - Janitorial Services Loan Approval Date 10/11/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Servpro franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to find business people willing to loan money, 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: Small Bank Loans in Lowell, Massachusetts
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