FRAMINGHAM, MA – According to the 2011 Business Loan Detail for Masssachusetts published by the U.S. Small Business Administration, (“SBA”), Framingham business owners have been approved to receive approximately $2.5 Million in SBA backed loans for 2011.
The SBA does not lend money to small businesses — instead the agency establishes programs and guidelines and then guarantees repayment of loans made by local commercial lenders to SBA approved small business owners.
Some of the businesses to make the 2011 list (more…)