Rbs Citizens SBA Loan to General Rental Centers Company
An SBA loan from Rbs Citizens typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Butler, Pennsylvania business owner got a $5,000 loan.
This growing company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Rbs Citizens, out of Providence, Rhode Island. The loan was granted and they received $5,000 to help grow their Butler, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: GENERAL RENTAL CENTERS
BUTLER, PA 16001
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
The lender provided this commercial 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
532310 - General Rental Centers
Loan Approval Date
6/7/2002
Loan Approval Gross Amount
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $2,500.
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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
We can help you find the best banks for small businesses in Butler 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:
Small Business Credit Cards
SBA Approved Banks in Providence, Rhode Island
SBA Lenders in Rhode Island