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November 24, 2024  
 
 
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Belchertown (census Name For B SBA Loans

 

 
Loan Census SBA Loan Info

Belchertown (census Name For B, Massachusetts Entrepreneur Gets an SBA Loan

Bank loans in Massachusetts are tough to come by these days. We take a look at one Massachusetts bank loan, provided by a Rhode Island bank, that was approved by the SBA.

By giving the right information to Rbs Citizens, this Belchertown (census Name For B, Massachusetts business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.

SBA Loan Borrower

COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
BELCHERTOWN (CENSUS NAME FOR B, MA 01007

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

453210 - Office Supplies and Stationery

Loan Approval Date

4/23/2004

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $65,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Belchertown (census Name For B MA, you ought to talk with a local Belchertown (census Name For B SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Belchertown (census Name For B businesses.

We've showcased information on this loan to let you know that businesses like yours 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.

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