Business Loans for Logging
Looking for business loans for logging? The SBA may be the answer. This $23,500 logging loan was issued by a Rhode Island bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Criders Corners, Pennsylvania was able to borrow $23,500 from Rbs Citizens. The SBA made the loan possible by guaranteeing $11,750 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: LOGGING
CRIDERS CORNERS, PA 16066
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
The lender provided this 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
113310 - Logging
Loan Approval Date
11/6/2003
Loan Approval Gross Amount
$23,500
Loan Approval from the SBA
Of the total $23,500 loan amount, the SBA guaranteed $11,750.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in Criders Corners 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:
How to Raise Money
Best Providence, Rhode Island Banks for Small Business
Find an SBA Lender in Rhode Island