Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Hinsdale, Massachusetts Bank Loan

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Handle With Care Packaging Store Franchise

Need a loan to purchase a Handle With Care Packaging Store franchise? Pittsfield Co-Operative Bk has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Handle With Care Packaging Store franchise shouldn't be too tough. In 2002, Pittsfield Co-Operative Bk issued an SBA franchise loan to an entrepreneur in Hinsdale, Massachusetts. Because Handle With Care Packaging Store was registered with the SBA's registry of franchises, this Massachusetts small business loan was issued on an expedited basis.

SBA Loan Borrower

NAVIS PACK & SHIP CENTERS
HINSDALE, MA 01235

SBA Loan Lender

PITTSFIELD CO-OPERATIVE BK
70 SOUTH ST
PITTSFIELD, MA 01201

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

561720 - Janitorial Services

Loan Approval Date

9/30/2002

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Handle With Care Packaging Store franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Hinsdale MA, you ought to talk with a local Hinsdale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hinsdale businesses.

We can help you find the best banks for small businesses in Hinsdale or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Handle With Care Packaging Store

Role of Business Plan When Raising Money

SBA Approved Banks in Pittsfield, Massachusetts

Where to Get an SBA Loan Massachusetts