Schiffli Machine Embroidery Small Business Loans

With these small business loans for schiffli machine embroidery, the SBA guarantees the lender that the loan will be repaid. This schiffli machine embroidery loan for $12,000 was given to a Connecticut entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Branford, Connecticut was able to borrow $12,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $6,000 of this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: SCHIFFLI MACHINE EMBROIDERY
NORTH BRANFORD, CT 06471

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

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

313222 - Schiffli Machine Embroidery

Loan Approval Date

4/26/2007

Loan Approval Gross Amount

$12,000

Loan Approval from the SBA

Of the total $12,000 loan amount, the SBA guaranteed $6,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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