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November 15, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Berlin, Business Loans > Northway Bank Berlin Business Loans > Motion Picture Theaters Loan | ||||
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Berlin Lenders
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Berlin, New Hampshire Bank Lends Money to Motion Picture Theaters Company in Medford, MassachusettsWant to talk with a Berlin, New Hampshire bank about an SBA loan? Here's one Massachusetts business loan, issued by a Berlin bank, that was approved by the SBA. Applying for an SBA loan with Northway Bank worked out well for our friends at one local company in Medford, Massachusetts. They got an SBA loan for $296,000. Great job! SBA Loan Borrower COMPANY TYPE: MOTION PICTURE THEATERS SBA Loan Lender NORTHWAY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 512131 - Motion Picture Theaters Loan Approval Date 3/26/2007 Loan Approval Gross Amount $296,000 Loan Approval from the SBA Of the total $296,000 loan amount, the SBA guaranteed $222,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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. Related Links: Who Lends Money to Small Businesses in Berlin, New Hampshire
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