Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Greenfield (town Of), Massachusetts Bank Loan

 

 
Loan Census SBA Loan Info

Financing for Motorcycle, ATV, and Personal Watercraft Dealers

Looking for commercial loans for motorcycle, atv, and personal watercraft dealers? The SBA may be the answer. This $35,000 motorcycle, atv, and personal watercraft dealers loan was issued by a Massachusetts bank.

Getting a small business loan in Greenfield (town Of), Massachusetts was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Greenfield Co-Operative Bank, operating out of Greenfield, Massachusetts. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTORCYCLE, ATV, AND PERSONAL WATERCRAFT DEALERS
GREENFIELD (TOWN OF), MA 01301

SBA Loan Lender

GREENFIELD CO-OPERATIVE BANK
63 FEDERAL ST
GREENFIELD, MA 01301

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

441221 - Motorcycle, ATV, and Personal Watercraft Dealers

Loan Approval Date

6/7/2004

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

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

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:

Determining Proper Capital Structure for a Business

Find an SBA Lender in Greenfield, Massachusetts

Massachusetts SBA 7A Lenders