Mansfield, Massachusetts Lender Lends Money to Fish And Seafood Markets Company

Get to know Mansfield, Massachusetts banks that specialize in SBA loans and know how to work with entrepreneurs. Mansfield Co-Operative Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Mansfield, Massachusetts starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Mansfield Co-Operative Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: FISH AND SEAFOOD MARKETS
MANSFIELD, MA 02048

SBA Loan Lender

MANSFIELD CO-OPERATIVE BANK
80 N MAIN ST
MANSFIELD, MA 02048

The lender provided this debt financing 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

445220 - Fish and Seafood Markets

Loan Approval Date

11/9/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 10 employees. The SBA loan application for the borrower indicated that the funding would help create 10 new jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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