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November 14, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Greenfield, Business Loans > Greenfield Co-Operative Bank Greenfield Business Loans > Automatic Vending Machines Loan | ||||
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Who Can Get a Business Loan in So. Deerfield, Massachusetts?
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Commercial Loans for Automatic Vending Machine ManufacturingLooking for commercial loans for automatic vending machine manufacturing? The SBA may be the answer. This $336,000 automatic vending machine manufacturing loan was issued by a Massachusetts bank. Getting a small business loan in So. Deerfield, Massachusetts was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Greenfield Co-Operative Bank, operating out of Greenfield, Massachusetts. Here are the details on this Massachusetts small business loan. SBA Loan Borrower COMPANY TYPE: AUTOMATIC VENDING MACHINES SBA Loan Lender GREENFIELD CO-OPERATIVE BANK This lender issued this small business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3581 - Automatic Vending Machines NAICS Code 333311 - Automatic Vending Machine Manufacturing Loan Approval Date 1/14/2002 Loan Approval Gross Amount $336,000 Loan Approval from the SBA Of the total $336,000 loan amount, the SBA guaranteed $252,000. 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 12 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money We can help you find the best banks for small businesses in So. Deerfield 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: The Friends and Family Network Who Lends Money to Small Businesses in Greenfield, Massachusetts
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