Entrepreneur Works With Lowell, Massachusetts Bank to Get an SBA Loan
Get business loans from a Lowell, Massachusetts bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Enterprise Bank & Trust is a Lowell, Massachusetts small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Massachusetts company.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S AND GIRLS' SUIT, COAT, TAILORED JACKET, AND SKIRT MANUFACTURING
NORTH ANDOVER, MA 01845
SBA Loan Lender
ENTERPRISE BANK & TRUST
222 MERRIMACK ST
LOWELL, MA 01852
The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
315234 - Women's and Girls' Suit, Coat, Tailored Jacket, and Skirt Manufacturing
Loan Approval Date
10/25/2007
Loan Approval Gross Amount
$120,000
Loan Approval from the SBA
Of the total $120,000 loan amount, the SBA guaranteed $60,000.
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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Angel Investors
SBA Participating Banks in Lowell, Massachusetts
Getting a Business Loan in Massachusetts