Getting an SBA Loan for Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing
Looking for business loans for commercial air, rail, and water transportation equipment rental and leasing? The SBA may be the answer. This $2,500 commercial air, rail, and water transportation equipment rental and leasing loan was issued by a Rhode Island bank.
Getting a small business loan in Wayne, Pennsylvania was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Providence, Rhode Island. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL AIR, RAIL, AND WATER TRANSPORTATION EQUIPMENT RENTAL AND LEASING
WAYNE, PA 19087
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
This lender processed this debt financing 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
532411 - Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing
Loan Approval Date
10/23/2002
Loan Approval Gross Amount
$2,500
Loan Approval from the SBA
Of the total $2,500 loan amount, the SBA guaranteed $1,250.
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 retain 1 existing job.
Next Steps for Getting an SBA Loan
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We can help you find the best banks for small businesses in Wayne 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:
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Getting a Business Loan in Rhode Island