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May 15, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Boston, Business Loans > Rbs Citizens Boston Business Loans > Household Textile Product Mills Loan | ||||
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SBA Lenders for North Quincy Small Businesses
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Commercial Loans for Household Textile Product MillsLooking for commercial loans for household textile product mills? Try the SBA. This $100,000 household textile product mills loan was issued by a Massachusetts bank. This business knew how to go about getting a business bank loan. Based in North Quincy, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Rbs Citizens, based in Boston, Massachusetts. SBA Loan Borrower COMPANY TYPE: HOUSEHOLD TEXTILE PRODUCT MILLS SBA Loan Lender RBS CITIZENS As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 314129 - Household Textile Product Mills Loan Approval Date 12/8/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $80,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 6 new jobs and retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in North Quincy or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: SBA 7A Banks in Boston, Massachusetts
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