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December 22, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Villanova, Business Loans > Sovereign Bank Villanova Business Loans > Physicians Loan | ||||
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Banks That Lend to Whitman Business Owners
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Sovereign Bank Gives SBA Loan to Physicians CompanySBA loans in Massachusetts are are few and far betweeen these days. We take a look at one Massachusetts SBA loan, provided by a Pennsylvania bank, that was approved by the SBA. Getting a small business loan in Whitman, Massachusetts was a top priority for this particular business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Sovereign Bank. Here are the details on this Massachusetts small business loan. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender SOVEREIGN BANK This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 621111 - Physicians Loan Approval Date 6/21/2006 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $35,000. 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. The SBA loan application for the borrower indicated that the borrowed money would help create 2 new jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Whitman 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: SBA Participating Banks in Villanova, Pennsylvania
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