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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Gasoline Engine And Engine Parts Manufacturing Loan | ||||
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SBA 7A Banks That Lend to Elyria Businesses
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Rbs Citizens Gives Bank Loan to Gasoline Engine And Engine Parts Manufacturing CompanyOhioSmall business loans are available to Ohio small business owners through the SBA. In this case, a Rhode Island bank provides the loan. You can learn something about getting a small business loan in Elyria, Ohio by studying this loan to a local company, made back in 2005. Banks like Rbs Citizens may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: GASOLINE ENGINE AND ENGINE PARTS MANUFACTURING SBA Loan Lender RBS CITIZENS This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 336312 - Gasoline Engine and Engine Parts Manufacturing Loan Approval Date 7/21/2005 Loan Approval Gross Amount $66,200 Loan Approval from the SBA Of the total $66,200 loan amount, the SBA guaranteed $33,100. 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Accountant's Role in Securing Financing SBA Approved Banks in Providence, Rhode Island
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