Entrepreneur Works With Norwood, Massachusetts Bank to Get an SBA Loan

Want to talk with a Norwood, Massachusetts bank about a business loan? Here's one New Hampshire business loan, issued by a Norwood bank, that was approved by the SBA.

Applying for an SBA loan with Rbs Citizens worked out well for our friends at one local firm in Intervale, New Hampshire. They received an SBA loan for $5,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: RUBBER AND PLASTICS FOOTWEAR MANUFACTURING
INTERVALE, NH 03845

SBA Loan Lender

RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

316211 - Rubber and Plastics Footwear Manufacturing

Loan Approval Date

10/11/2001

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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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 $5,000 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:

The Friends and Family Network

Good Banks for Small Business in Norwood, Massachusetts

Where to Get an SBA Loan Massachusetts