Dedham, Massachusetts Business Gets SBA-Guaranteed Funding from Dedham Institution For Savings

Dedham Institution For Savings has a track record as a leading provider of SBA loans. Find out how this Massachusetts entrepreneur received an SBA loan from them.

This small firm knew how to go about getting a business bank loan. Based in Dedham, Massachusetts, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Dedham Institution For Savings, based in Dedham, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES FOR LIVESTOCK
DEDHAM, MA 02026

SBA Loan Lender

DEDHAM INSTITUTION FOR SAVINGS
55 ELM ST
DEDHAM, MA 02026

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0741 - Veterinary Services for Livestock

NAICS Code

541940 - Veterinary Services

Loan Approval Date

8/14/2000

Loan Approval Gross Amount

$192,000

Loan Approval from the SBA

Of the total $192,000 loan amount, the SBA guaranteed $144,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $192,000. How would you spend $192,000 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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