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November 15, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Chelsea, Business Loans > Metro Cu Chelsea Business Loans > Finish Carpentry Contractors Loan | ||||
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SBA Lender Chelsea
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Chelsea, Massachusetts Bank Lends Money to Finish Carpentry Contractors Company in Plymouth (census Name For Plym, MassachusettsWant to talk with a Chelsea, Massachusetts bank about an SBA loan? Here's one Massachusetts business loan, issued by a Chelsea bank, that was approved by the SBA. Applying for an SBA loan with Metro Cu worked out well for our friends at one local business in Plymouth (census Name For Plym, Massachusetts. They got an SBA loan for $25,000. Great job! SBA Loan Borrower COMPANY TYPE: FINISH CARPENTRY CONTRACTORS SBA Loan Lender METRO CU The lender provided this SBA small business 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 238350 - Finish Carpentry Contractors Loan Approval Date 12/12/2007 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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: SBA 7A Lenders in Chelsea, Massachusetts
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