Loan Census Banking News and Information
May 10, 2024  
 
 
  Business Loan Information  
 

Raising Money in Aliquippa, Pennsylvania With SBA Loans

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Consumer Electronics Repair and Maintenance

Looking for small business loans for consumer electronics repair and maintenance? Try the SBA. This $1,200 consumer electronics repair and maintenance loan was issued by a Rhode Island bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Rbs Citizens, out of Providence, Rhode Island. The loan was granted and they received $1,200 to help grow their Aliquippa, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: CONSUMER ELECTRONICS REPAIR AND MAINTENANCE
ALIQUIPPA, PA 15001

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

811211 - Consumer Electronics Repair and Maintenance

Loan Approval Date

4/24/2006

Loan Approval Gross Amount

$1,200

Loan Approval from the SBA

Of the total $1,200 loan amount, the SBA guaranteed $600.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? 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:

Find Start-Up Capital

SBA 7A Banks in Providence, Rhode Island

Where to Get an SBA Loan Rhode Island