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November 15, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Clinton, Business Loans > Unity Bank Clinton Business Loans > Gasoline Stations With Convenience Stores Loan | ||||
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Banks That Lend to Somerset Small Business Owners
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Massachusetts Business Loan Issued to Gasoline Stations With Convenience Stores CompanyMassachusettsSmall business loans are available to Massachusetts small business owners through the SBA. In this case, a New Jersey bank provides the loan. Getting a small business loan in Somerset, Massachusetts was a top priority for this small company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Unity Bank. Here are the details on this Massachusetts small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES SBA Loan Lender UNITY BANK 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 447110 - Gasoline Stations with Convenience Stores Loan Approval Date 11/7/2006 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $119,000. 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 5 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 6 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours 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 Clinton, New Jersey
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