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December 22, 2024  
 
 
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Sandwich Lenders

 

 
Loan Census SBA Loan Info

Sandwich, Massachusetts Bank Lends Money to Landscaping Services Company in Mashpee, Massachusetts

Thinking about meeting with a Sandwich, Massachusetts bank about a small business loan? Here's one Massachusetts business loan, issued by a Sandwich bank, that was approved by the SBA.

Applying for an SBA loan with The Community Bank worked out well for our friends at one local firm in Mashpee, Massachusetts. The business was able to get an SBA loan for $25,000. Great job!

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
MASHPEE, MA 02649

SBA Loan Lender

THE COMMUNITY BANK
337 COTUIT RD
SANDWICH, MA 02563

This lender processed this SBA loan 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

3/24/2006

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. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the borrowed money would help create 2 new jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

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:

Business Credit Evaluation

Who Lends Money to Small Businesses in Sandwich, Massachusetts

Getting a Business Loan in Massachusetts