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

SBA Lender Mashpee (mashpee Center) Massachusetts

 

 
Loan Census SBA Loan Info

Book Stores Small Business Loans

Looking for small business loans for book stores? Try the SBA. This $198,800 book stores loan was issued by a Massachusetts bank.

This company knew how to go about getting a business bank loan. Based in Mashpee (mashpee Center), Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Rockland Trust Company, based in Rockland, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: BOOK STORES
MASHPEE (MASHPEE CENTER), MA 02649

SBA Loan Lender

ROCKLAND TRUST COMPANY
288 UNION ST
ROCKLAND, MA 02370

This 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

451211 - Book Stores

Loan Approval Date

4/14/2003

Loan Approval Gross Amount

$198,800

Loan Approval from the SBA

Of the total $198,800 loan amount, the SBA guaranteed $99,400.

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 11 employees. The SBA loan application for the borrower indicated that the loan would help retain 11 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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:

Business Incubators

Find an SBA Lender in Rockland, Massachusetts

SBA Massachusetts Banks