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April 19, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > New London, Business Loans > Rbs Citizens New London Business Loans > Tile, Marble, Terrazzo, And Mosaic Contractors Loan | ||||
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Rbs Citizens
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Middletown, Connecticut Business Gets SBA-Guaranteed Funding from Rbs CitizensRbs Citizens and the SBA work together to get business loans for growing small businesses. Here's an example of how a Connecticut entrepreneur was able to get a loan to take a small business to the next level. This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Rbs Citizens, out of New London, Connecticut. The loan was granted and they received $4,000 to help grow their Middletown, Connecticut business. SBA Loan Borrower COMPANY TYPE: TILE, MARBLE, TERRAZZO, AND MOSAIC CONTRACTORS SBA Loan Lender RBS CITIZENS This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 235430 - Tile, Marble, Terrazzo, and Mosaic Contractors Loan Approval Date 6/13/2001 Loan Approval Gross Amount $4,000 Loan Approval from the SBA Of the total $4,000 loan amount, the SBA guaranteed $2,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $4,000 loan. Remember, fight for what you want, and it will be yours! 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: Obtaining Funding - Friends and Family Good Banks for Small Business in New London, Connecticut
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