Loans for Legal Services
Looking for loans for legal services? Talk to a banker who works with the SBA. This $15,000 legal services loan was issued by a Massachusetts bank.
This small firm knew how to go about getting a business bank loan. Based in Fall River, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bankfive, based in Fall River, Massachusetts.
SBA Loan Borrower
COMPANY TYPE: LEGAL SERVICES
FALL RIVER, MA 02721
SBA Loan Lender
BANKFIVE
79 N MAIN ST
FALL RIVER, MA 02720
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541199 - Legal Services
Loan Approval Date
8/17/2004
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bankfive that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
How to Raise Money
SBA Banks in Fall River, Massachusetts
Getting an SBA Loan in Massachusetts