Abington, Massachusetts Business Gets SBA-Guaranteed Funding from Rockland Trust Company
Rockland Trust Company has a track record as a leading provider of SBA loans. Find out how this Massachusetts entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Abington, Massachusetts, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Rockland Trust Company, based in Rockland, Massachusetts.
SBA Loan Borrower
COMPANY TYPE: FLOORING CONTRACTORS
ABINGTON, MA 02351
SBA Loan Lender
ROCKLAND TRUST COMPANY
288 UNION ST
ROCKLAND, MA 02370
This bank 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
238330 - Flooring Contractors
Loan Approval Date
1/20/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
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 only one employee. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rockland Trust Company and they will explain how you can get an SBA loan for your company.
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.
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