Getting an SBA Loan for Consumer Electronics Repair and Maintenance

Looking for SBA loans for consumer electronics repair and maintenance? Try the SBA. This $25,000 consumer electronics repair and maintenance loan was issued by a Massachusetts bank.

Getting a small business loan in Lowell, Massachusetts was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Enterprise Bank & Trust, operating out of Lowell, Massachusetts. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: CONSUMER ELECTRONICS REPAIR AND MAINTENANCE
LOWELL, MA 01851

SBA Loan Lender

ENTERPRISE BANK & TRUST
222 MERRIMACK ST
LOWELL, MA 01852

This small business 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

811211 - Consumer Electronics Repair and Maintenance

Loan Approval Date

5/31/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 7 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

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 $25,000 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.

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