Borrow Money to Buy a Puckmasters Fargo Franchise
Need money to invest in a Puckmasters Fargo franchise? Middlesex Savings Bank has a history of making these loans and they are guaranteed by the SBA.
Puckmasters Fargo franchise loans are available to Bradford, Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Middlesex Savings Bank, based in Natick, Massachusetts, issued an SBA franchise loan for a Puckmasters Fargo franchise in 2005. We've got all the details on this Massachusetts small business loan.
SBA Loan Borrower
PUCKMASTERS (BREAK AWAY ENTERP
BRADFORD, MA 01835
SBA Loan Lender
MIDDLESEX SAVINGS BANK
6 MAIN ST
NATICK, MA 01760
This lender issued this particular 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
611620 - Sports and Recreation Instruction
Loan Approval Date
7/15/2005
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $68,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Puckmasters Fargo franchise. At the time of the loan, the company
had 6 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My 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 $80,000. How would you spend $80,000 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.
Related Links:
Raising VC Money for Social Networking Companies
Who Lends Money to Small Businesses in Natick, Massachusetts
Getting a Business Loan in Massachusetts