Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

MA SBA Loans from Greenfield Co-Operative Bank

 

 
Loan Census SBA Loan Info

Greenfield Co-Operative Bank SBA Loan to Painting And Wall Covering Contractors Company

Greenfield Co-Operative Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Massachusetts entrepreneur was able to get a loan to take a small business to the next level.

This growing company knew how to go about getting a business bank loan. Based in Greenfield (town Of), Massachusetts, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Greenfield Co-Operative Bank, based in Greenfield, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: PAINTING AND WALL COVERING CONTRACTORS
GREENFIELD (TOWN OF), MA 01301

SBA Loan Lender

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

This lender processed this loan for a small business 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

238320 - Painting and Wall Covering Contractors

Loan Approval Date

9/5/2003

Loan Approval Gross Amount

$26,200

Loan Approval from the SBA

Of the total $26,200 loan amount, the SBA guaranteed $13,100.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.

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

SBA loans provide money to small business owners for working capital for other expenses.

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:

Getting a Small Business Loan

SBA Approved Banks in Greenfield, Massachusetts

Getting a Business Loan in Massachusetts