Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

SBA Lender Pawcatuck Connecticut

 

 
Loan Census SBA Loan Info

Where to Get Capital for Advertising Material Distribution Services

Looking for small business loans for advertising material distribution services? An SBA loan may be just what you've been looking for. This $20,000 advertising material distribution services loan was issued by a Rhode Island bank.

Getting a small business loan in Pawcatuck, Connecticut was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Washington Tr Co - Westerly, operating out of Westerly, Rhode Island. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING MATERIAL DISTRIBUTION SERVICES
PAWCATUCK, CT 06379

SBA Loan Lender

WASHINGTON TR CO - WESTERLY
23 BROAD ST
WESTERLY, RI 02891

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

541870 - Advertising Material Distribution Services

Loan Approval Date

10/24/2002

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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Family and Friend Investors - Your First Financiers

SBA Banks in Westerly, Rhode Island

SBA Rhode Island Banks