Wood Television, Radio, and Sewing Machine Cabinet Manufacturing Small Business Loans

Looking for small business loans for wood television, radio, and sewing machine cabinet manufacturing? The SBA may be the answer. This $37,000 wood television, radio, and sewing machine cabinet manufacturing loan was issued by a Massachusetts bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Bankfive, out of Fall River, Massachusetts. The loan was granted and they received $37,000 to help grow their Rehoboth, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: WOOD TELEVISION, RADIO, AND SEWING MACHINE CABINET MANUFACTURING
REHOBOTH, MA 02769

SBA Loan Lender

BANKFIVE
79 N MAIN ST
FALL RIVER, MA 02720

The lender provided this 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

337129 - Wood Television, Radio, and Sewing Machine Cabinet Manufacturing

Loan Approval Date

9/7/2004

Loan Approval Gross Amount

$37,000

Loan Approval from the SBA

Of the total $37,000 loan amount, the SBA guaranteed $18,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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