Borrow Money to Buy an Extra Innings Training Centers Franchise

Borrowing money to purchase an Extra Innings Training Centers franchise? East Cambridge Savings Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an Extra Innings Training Centers franchise requires some effort but others before you have been successful. In 2006, East Cambridge Savings Bank issued an SBA franchise loan to an entrepreneur in Woburn, Massachusetts. Because Extra Innings Training Centers was registered with the SBA's registry of franchises, this Massachusetts small business loan was issued on an expedited basis.

SBA Loan Borrower

EXTRA INNINGS
WOBURN, MA 01801

SBA Loan Lender

EAST CAMBRIDGE SAVINGS BANK
292 CAMBRIDGE ST
CAMBRIDGE, MA 02141

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

713990 - Amusement and Recreation Industries

Loan Approval Date

1/5/2006

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $123,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Extra Innings Training Centers franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Extra Innings

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SBA 7A Banks in Cambridge, Massachusetts

Getting an SBA Loan in Massachusetts