Business Loans for Sewage Treatment Facilities

Looking for business loans for sewage treatment facilities? An SBA loan may be just what you've been looking for. This $64,000 sewage treatment facilities loan was issued by a Massachusetts bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bridgewater Savings Bank, out of Raynham, Massachusetts. The loan was granted and they received $64,000 to help grow their Berkley, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: SEWERAGE SYSTEMS
BERKLEY, MA 02779

SBA Loan Lender

BRIDGEWATER SAVINGS BANK
756 ORCHARD ST
RAYNHAM, MA 02767

This lender issued this particular debt financing 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.

SIC Code

4952 - Sewerage Systems

NAICS Code

221320 - Sewage Treatment Facilities

Loan Approval Date

5/29/2003

Loan Approval Gross Amount

$64,000

Loan Approval from the SBA

Of the total $64,000 loan amount, the SBA guaranteed $54,400.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $64,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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