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

Examples of Humarock SBA Loans

 

 
Loan Census SBA Loan Info

Loans for Real Estate Appraisers

Looking for loans for real estate appraisers? An SBA loan may be just what you've been looking for. This $50,000 real estate appraisers loan was issued by a Massachusetts bank.

This small firm knew how to go about getting a business bank loan. Based in Humarock, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was South Shore Savings Bank, based in South Weymouth, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE APPRAISERS
HUMAROCK, MA 02047

SBA Loan Lender

SOUTH SHORE SAVINGS BANK
1530 MAIN ST
SOUTH WEYMOUTH, MA 02190

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

531320 - Real Estate Appraisers

Loan Approval Date

2/10/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Financing Your Business

SBA Banks in South Weymouth, Massachusetts

Where to Get an SBA Loan Massachusetts