Bank - Western Massachusetts Provides SBA Loan to Buy Bath Fitters Franchising Franchise

Need a loan to buy a Bath Fitters Franchising franchise? Bank - Western Massachusetts has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Bath Fitters Franchising franchise? If so, here's a 2006 SBA franchise loan that you should know about. Bank - Western Massachusetts was the lender and the entrepreneur was based in Greenfield, Massachusetts.

SBA Loan Borrower

BATH FITTERS
GREENFIELD, MA 01301

SBA Loan Lender

BANK - WESTERN MASSACHUSETTS
1391 MAIN ST, 3RD FL
SPRINGFIELD, MA 01103

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.

NAICS Code

238390 - Building Finishing Contractors

Loan Approval Date

2/28/2006

Loan Approval Gross Amount

$610,000

Loan Approval from the SBA

Of the total $610,000 loan amount, the SBA guaranteed $305,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Bath Fitters Franchising franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $610,000 loan. Remember, anyone can do it... so why not you?

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:

Bath Fitter

Realistic Debt Financing Options

Small Business Banks in Springfield, Massachusetts

Massachusetts SBA 7A Lenders