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November 15, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Lowell, Business Loans > Enterprise Bank & Trust Lowell Business Loans > Jewelry Stores Loan | ||||
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Best Banks for Derry Business Owners
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Where to Get Capital for Jewelry StoresLooking for SBA loans for jewelry stores? Try the SBA. This $50,000 jewelry stores loan was issued by a Massachusetts bank. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Enterprise Bank & Trust, out of Lowell, Massachusetts. The loan was granted and they received $50,000 to help grow their Derry, New Hampshire business. SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender ENTERPRISE BANK & TRUST This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 448310 - Jewelry Stores Loan Approval Date 5/8/2007 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Banks in Lowell, Massachusetts
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