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December 25, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Jewelry Stores Loan | ||||
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Requirements for Business Owners On Getting a Loan
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Jewelry Stores Business LoansWith these business loans for jewelry stores, the SBA guarantees the lender that the loan will be repaid. This jewelry stores loan for $67,500 was given to a Pennsylvania entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Newtown, Pennsylvania was able to borrow $67,500 from Rbs Citizens. The SBA made the loan possible by guaranteeing $33,750 of this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: JEWELRY STORES 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 448310 - Jewelry Stores Loan Approval Date 2/9/2006 Loan Approval Gross Amount $67,500 Loan Approval from the SBA Of the total $67,500 loan amount, the SBA guaranteed $33,750. 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 generate 10 new jobs and retain 16 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This SBA loan was for $67,500. How would you spend $67,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Dealing With Venture Capitalists Best Banks for Small Business in Providence, Rhode Island
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