Loan to Buy Case Handyman Services Franchise Issued By Sovereign Bank

Borrowing money to invest in a Case Handyman Services franchise? Sovereign Bank has a history of making these loans and they are guaranteed by the SBA.

Case Handyman Services franchise loans are available to Auburn, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Sovereign Bank, based in Villanova, Pennsylvania, issued an SBA franchise loan for a Case Handyman Services franchise in 2005. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

CASE HANDYMAN SERVICES OF CENT
AUBURN, MA 01501

SBA Loan Lender

SOVEREIGN BANK
2 ALDWYN LN
VILLANOVA, PA 19085

The lender provided this bank 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

236118 - Residential Remodelers

Loan Approval Date

4/11/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Case Handyman Services franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 5 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Auburn MA, you ought to talk with a local Auburn SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Auburn businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? 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:

Case Handyman Service

Financing Your Business

Banks in Villanova, Pennsylvania

Pennsylvania SBA Bank Lenders