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May 15, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Woonsocket, Business Loans > Rbs Citizens Woonsocket Business Loans > Sanitary Services Loan | ||||
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Rhode Island Bank SBA Loans
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Rbs Citizens SBA Loan to Sanitary Services CompanyLooking to get a New Jersey SBA loan? Here's one New Jersey business loan that was approved by the SBA. This up and coming company knew how to go about getting a business bank loan. Based in Medford Lakes, New Jersey, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Rbs Citizens, based in Woonsocket, Rhode Island. SBA Loan Borrower COMPANY TYPE: SANITARY SERVICES SBA Loan Lender RBS CITIZENS This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 4959 - Sanitary Services Loan Approval Date 4/7/2000 Loan Approval Gross Amount $136,000 Loan Approval from the SBA Of the total $136,000 loan amount, the SBA guaranteed $102,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rbs Citizens and they will explain how you can get an SBA loan for your company. 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: Where to Get an SBA Loan in Woonsocket, Rhode Island Getting an SBA Loan in Rhode Island
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