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December 25, 2024  
 
 
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Best Banks for North Reading, Massachusetts Small Businesses

 

 
Loan Census SBA Loan Info

Small Business Loans for Radio Networks

Looking for small business loans for radio networks? The SBA may be the answer. This $20,000 radio networks loan was issued by a Rhode Island bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Reading, Massachusetts was able to borrow $20,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $10,000 of this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: RADIO NETWORKS
NORTH READING, MA 01864

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This lender processed this SBA 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

513111 - Radio Networks

Loan Approval Date

11/20/2002

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in North Reading or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Business Cash Advances

Best Providence, Rhode Island Banks for Small Business

Rhode Island SBA Banks