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May 13, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Providence, Business Loans > Bank Of America Providence Business Loans > Truck, Utility Trailer, And Rv Rental And Leasing Loan | ||||
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Raising Money in Norwalk, Connecticut With SBA Loans
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Truck, Utility Trailer, and RV Rental and Leasing Business LoansLooking for business loans for truck, utility trailer, and rv rental and leasing? Try the SBA. This $55,200 truck, utility trailer, and rv rental and leasing loan was issued by a Rhode Island bank. Getting a small business loan in Norwalk, Connecticut was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Bank Of America, operating out of Providence, Rhode Island. Here are the details on this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: TRUCK, UTILITY TRAILER, AND RV RENTAL AND LEASING SBA Loan Lender BANK OF AMERICA This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 532120 - Truck, Utility Trailer, and RV Rental and Leasing Loan Approval Date 3/1/2002 Loan Approval Gross Amount $55,200 Loan Approval from the SBA Of the total $55,200 loan amount, the SBA guaranteed $27,600. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 6 existing jobs. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 Participating Banks in Providence, Rhode Island
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