Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Erie, Pennsylvania Bank Loan

 

 
Loan Census SBA Loan Info

Raising Money for Nonhazardous Waste Treatment and Disposal

Looking for business loans for nonhazardous waste treatment and disposal? Talk to a banker who works with the SBA. This $5,000 nonhazardous waste treatment and disposal loan was issued by a Massachusetts bank.

Getting a small business loan in Erie, 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 Norwood, Massachusetts. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: NONHAZARDOUS WASTE TREATMENT AND DISPOSAL
ERIE, PA 16506

SBA Loan Lender

RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062

This lender processed this 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

562219 - Nonhazardous Waste Treatment and Disposal

Loan Approval Date

9/24/2002

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. 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 SBA loan documents indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Role of Business Plan When Raising Money

SBA Banks in Norwood, Massachusetts

Getting a Business Loan in Massachusetts