Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Massachusetts SBA Banks

 

 
Loan Census SBA Loan Info

Pittsfield, Massachusetts Lender Lends Money to Landscaping Services Company

Find Pittsfield, Massachusetts banks that specialize in business loans and know how to work with entrepreneurs. Greylock Fcu is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Lee (census Name For Lee Cente, Massachusetts starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Greylock Fcu. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
LEE (CENSUS NAME FOR LEE CENTE, MA 01238

SBA Loan Lender

GREYLOCK FCU
150 WEST ST
PITTSFIELD, MA 01201

This lender processed this debt financing 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

561730 - Landscaping Services

Loan Approval Date

9/8/2003

Loan Approval Gross Amount

$18,050

Loan Approval from the SBA

Of the total $18,050 loan amount, the SBA guaranteed $9,025.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Greylock Fcu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Strategic Investors

Good Banks for Small Business in Pittsfield, Massachusetts

SBA Lenders in Massachusetts