Where to Get Capital for Book, Periodical, and Newspaper Merchant Wholesalers
Looking for SBA loans for book, periodical, and newspaper merchant wholesalers? Talk to a banker who works with the SBA. This $95,000 book, periodical, and newspaper merchant wholesalers loan was issued by a Rhode Island bank.
Getting a small business loan in Norwood (town Of), Massachusetts was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Providence, Rhode Island. Here are the details on this Massachusetts small business loan.
SBA Loan Borrower
COMPANY TYPE: BOOK, PERIODICAL, AND NEWSPAPER MERCHANT WHOLESALERS
NORWOOD (TOWN OF), MA 02062
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
424920 - Book, Periodical, and Newspaper Merchant Wholesalers
Loan Approval Date
11/15/2004
Loan Approval Gross Amount
$95,000
Loan Approval from the SBA
Of the total $95,000 loan amount, the SBA guaranteed $47,500.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are working on finding money to start a business in Norwood (town Of) MA, you ought to talk with a local Norwood (town Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Norwood (town Of) businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $95,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Equity Financing
SBA 7A Banks in Providence, Rhode Island
Where to Get an SBA Loan Rhode Island