Business Loans for Carpentry Contractors

Looking for business loans for carpentry contractors? Talk to a banker who works with the SBA. This $58,000 carpentry contractors loan was issued by a Massachusetts bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First Trade Union Bank, out of Boston, Massachusetts. The loan was granted and they received $58,000 to help grow their Berkley, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: CARPENTRY CONTRACTORS
BERKLEY, MA 02779

SBA Loan Lender

FIRST TRADE UNION BANK
25 DRYDOCK AVE
BOSTON, MA 02210

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235510 - Carpentry Contractors

Loan Approval Date

4/2/2002

Loan Approval Gross Amount

$58,000

Loan Approval from the SBA

Of the total $58,000 loan amount, the SBA guaranteed $49,300.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 6 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $58,000. How would you spend $58,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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