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#2173709 - 04/16/18 06:48 PM MGL Ch. 167 S. 14C - Small Business Loan Review
Angelina Milano Offline
New Poster
Joined: Jul 2017
Posts: 10
Hello,

If we have a small business from out of the area apply for a small business loan with us, would we provide this notice if they were denied because they are applying for a loan in the Commonwealth? Or would we provide a different notice (if required) specific to the state that the business is located in?

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#2174134 - 04/18/18 07:20 PM Re: MGL Ch. 167 S. 14C - Small Business Loan Review Angelina Milano
Angelina Milano Offline
New Poster
Joined: Jul 2017
Posts: 10
I just wanted to provide some follow up on this. I heard back from the Division, who clarified that this notice only applies to businesses that reside within MA.

Hope this is helpful to someone else out there!

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#2174169 - 04/18/18 09:00 PM Re: MGL Ch. 167 S. 14C - Small Business Loan Review Angelina Milano
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
Thank you, Angelina, for the follow-up.
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John S. Burnett
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