Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Banks for Shelburne Falls, Massachusetts Small Business Owners

 

 
Loan Census SBA Loan Info

Shelburne Falls, Massachusetts Entrepreneur Gets a Bank Loan

Looking to get a Massachusetts SBA loan? This Massachusetts entrepreneur got an SBA loan, provided by a Massachusetts bank that works with the SBA to help small business owners.

Getting a small business loan in Shelburne Falls, Massachusetts was a top priority for this particular business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Greenfield Co-Operative Bank. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: CONFECTIONERY MANUFACTURING FROM PURCHASED CHOCOLATE
SHELBURNE FALLS, MA 01370

SBA Loan Lender

GREENFIELD CO-OPERATIVE BANK
63 FEDERAL ST
GREENFIELD, MA 01301

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

311330 - Confectionery Manufacturing from Purchased Chocolate

Loan Approval Date

2/5/2008

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Shelburne Falls MA, you ought to talk with a local Shelburne Falls SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Shelburne Falls businesses.

We can help you find the best banks for small businesses in Shelburne Falls 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.

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SBA Lenders in Massachusetts