Beverly, Massachusetts Bank Lends Money to Fruit And Vegetable Markets Company in Beverly, Massachusetts
Get small business loans from a Beverly, Massachusetts bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Beverly Co-Operative Bank is a Beverly, Massachusetts small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Massachusetts company.
SBA Loan Borrower
COMPANY TYPE: FRUIT AND VEGETABLE MARKETS
BEVERLY, MA 01915
SBA Loan Lender
BEVERLY CO-OPERATIVE BANK
254 CABOT ST
BEVERLY, MA 01915
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
445230 - Fruit and Vegetable Markets
Loan Approval Date
5/1/2007
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $62,500.
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 4 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? 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.
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