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November 23, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Somerville, Business Loans > Century Bank And Trust Company Somerville Business Loans > Lawyers Loan | ||||
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SBA Lender Somerville, Massachusetts
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Entrepreneur Works With Somerville, Massachusetts Bank to Get an SBA LoanWant to talk with a Somerville, Massachusetts bank about an SBA loan? Here's one Massachusetts business loan, issued by a Somerville bank, that was approved by the SBA. Applying for an SBA loan with Century Bank And Trust Company worked out well for our friends at one local firm in Boston, Massachusetts. The business was able to get an SBA loan for $25,000. Nice! SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender CENTURY BANK AND TRUST COMPANY This lender processed this small business loan 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 541110 - Lawyers Loan Approval Date 2/8/2007 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new 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. Related Links: Small Business Banks in Somerville, Massachusetts
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