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December 22, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Wyomissing, Business Loans > Sovereign Bank Wyomissing Business Loans > Flooring Contractors Loan | ||||
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Advice for Business Owners On Getting a Loan
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Flooring Contractors LoansLooking for loans for flooring contractors? Try the SBA. This $35,000 flooring contractors loan was issued by a Pennsylvania bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Sovereign Bank, out of Wyomissing, Pennsylvania. The loan was granted and they received $35,000 to help grow their Norton (census Name For Norton, Massachusetts business. SBA Loan Borrower COMPANY TYPE: FLOORING CONTRACTORS SBA Loan Lender SOVEREIGN BANK The lender provided this bank loan 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 238330 - Flooring Contractors Loan Approval Date 10/5/2004 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a business in Norton (census Name For Norton MA, you ought to talk with a local Norton (census Name For Norton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Norton (census Name For Norton businesses. We can help you find the best banks for small businesses in Norton (census Name For Norton 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: Obtaining Funding - How to Decide How Much to Raise Where to Get an SBA Loan in Wyomissing, Pennsylvania SBA Participating Banks in Pennsylvania
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