Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

How Do We Get a Business Loan in Lawrence, Massachusetts?

 

 
Loan Census SBA Loan Info

Insurance Agencies and Brokerages Small Business Loans

Looking for small business loans for insurance agencies and brokerages? An SBA loan may be just what you've been looking for. This $30,000 insurance agencies and brokerages loan was issued by a Massachusetts bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Rbs Citizens, out of Boston, Massachusetts. The loan was granted and they received $30,000 to help grow their Lawrence, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES
LAWRENCE, MA 01841

SBA Loan Lender

RBS CITIZENS
28 STATE ST
BOSTON, MA 02109

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

524210 - Insurance Agencies and Brokerages

Loan Approval Date

4/25/2002

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Dealing With Venture Capitalists

SBA Banks in Boston, Massachusetts

SBA Massachusetts Banks