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April 28, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Leominster, Business Loans > Enterprise Bank & Trust Leominster Business Loans > Amusement And Recreation Services Loan | ||||
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Enterprise Bank & Trust Business Loans Sterling
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Sterling, Massachusetts Business Gets SBA-Guaranteed Funding from Enterprise Bank & TrustEnterprise Bank & Trust and the SBA work together to get business loans for growing small businesses. Here's an example of how a Massachusetts entrepreneur was able to get a loan to take a small business to the next level. This small firm knew how to go about getting a business bank loan. Based in Sterling, Massachusetts, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Enterprise Bank & Trust, based in Leominster, Massachusetts. SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION SERVICES SBA Loan Lender ENTERPRISE BANK & TRUST This debt financing was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA promises a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7999 - Amusement and Recreation Services NAICS Code 713940 - Fitness and Recreational Sports Centers Loan Approval Date 3/1/2002 Loan Approval Gross Amount $558,000 Loan Approval from the SBA Of the total $558,000 loan amount, the SBA guaranteed $418,500. More Information on This SBA Loan The borrower borrowed this money for a new 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. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Obtaining Funding - How to Decide How Much to Raise Who Lends Money to Small Businesses in Leominster, Massachusetts
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