Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

Raising Money in Uxbridge, Massachusetts With SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Fabricated Pipe and Pipe Fitting Manufacturing

With these commercial loans for fabricated pipe and pipe fitting manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated pipe and pipe fitting manufacturing loan for $364,132 was given to a Massachusetts entrepreneur in 2001.

Getting a small business loan in Uxbridge, Massachusetts was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Flagship Bank & Trust, operating out of Worcester, Massachusetts. Here are the details on this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: FABRICATED PIPE AND PIPE FITTINGS
UXBRIDGE, MA 01569

SBA Loan Lender

FLAGSHIP BANK & TRUST
120 FRONT ST
WORCESTER, MA 01608

When it made this small business loan, this bank was part of the SBA's Certified Lenders Program (CLP). This program was created to provide quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3498 - Fabricated Pipe and Pipe Fittings

NAICS Code

332996 - Fabricated Pipe and Pipe Fitting Manufacturing

Loan Approval Date

6/19/2001

Loan Approval Gross Amount

$364,132

Loan Approval from the SBA

Of the total $364,132 loan amount, the SBA guaranteed $273,099.

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 4 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $364,132. How would you spend $364,132 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Dealing With Venture Capitalists

SBA Banks in Worcester, Massachusetts

SBA Massachusetts Banks