Worcester, Massachusetts Bank Lends Money to Steam, Gas And Hydraulic Turbines And Generators Company in Spencer, Massachusetts

Get business loans from a Worcester, Massachusetts bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Td Banknorth is a Worcester, Massachusetts small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Massachusetts company.

SBA Loan Borrower

COMPANY TYPE: STEAM, GAS AND HYDRAULIC TURBINES AND GENERATORS
SPENCER, MA 01562

SBA Loan Lender

TD BANKNORTH
370 MAIN ST
WORCESTER, MA 01608

This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3511 - Steam, Gas and Hydraulic Turbines and Generators

NAICS Code

333611 - Turbine and Turbine Generator Set Units Manufacturing

Loan Approval Date

7/11/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

We can help you find the best banks for small businesses in Spencer 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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