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

SBA Lender Norwood, Massachusetts

 

 
Loan Census SBA Loan Info

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

Want to talk with a Norwood, Massachusetts bank about an SBA loan? Here's one Rhode Island 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 business in Newport, Rhode Island. They received an SBA loan for $15,000. Great job!

SBA Loan Borrower

COMPANY TYPE: SOAP AND DETERGENT MANUFACTURING
NEWPORT, RI 02840

SBA Loan Lender

RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062

This bank 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

325611 - Soap and Detergent Manufacturing

Loan Approval Date

5/14/2002

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rbs Citizens and they will explain how you can get an SBA loan for your company.

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.

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