Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Raising Money in Chelsea, Massachusetts With SBA Loans

 

 
Loan Census SBA Loan Info

Janitorial Services Commercial Loans

Looking for commercial loans for janitorial services? Try the SBA. This $34,000 janitorial services loan was issued by a Rhode Island bank.

This small business 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 $34,000 to help grow their Chelsea, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
CHELSEA, MA 02150

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This lender processed this commercial 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

561720 - Janitorial Services

Loan Approval Date

7/23/2002

Loan Approval Gross Amount

$34,000

Loan Approval from the SBA

Of the total $34,000 loan amount, the SBA guaranteed $17,000.

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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Chelsea MA, you ought to talk with a local Chelsea SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chelsea businesses.

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 $34,000 loan. Remember, if it to be, it is up to me!

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:

Raising VC Money for Social Networking Companies

Where to Get an SBA Loan in Providence, Rhode Island

Getting a Business Loan in Rhode Island