North Hadley, Massachusetts Business Gets SBA-Guaranteed Funding from Florence Savings Bank

An SBA loan from Florence Savings Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a North Hadley, Massachusetts business owner got a $65,000 loan.

This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Florence Savings Bank, out of Florence, Massachusetts. The loan was granted and they received $65,000 to help grow their North Hadley, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
NORTH HADLEY, MA 01060

SBA Loan Lender

FLORENCE SAVINGS BANK
85 MAIN ST
FLORENCE, MA 01062

This 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

812990 - Personal Services

Loan Approval Date

11/23/2004

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $32,500.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in North Hadley MA, you ought to talk with a local North Hadley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Hadley businesses.

We can help you find the best banks for small businesses in North Hadley or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Alternative Financing

Where to Get an SBA Loan in Florence, Massachusetts

Massachusetts SBA 7A Lenders