Bank Loans for Special Needs Transportation

Looking for bank loans for special needs transportation? Talk to a banker who works with the SBA. This $40,000 special needs transportation loan was issued by a Rhode Island bank.

This small firm knew how to go about getting a business bank loan. Based in Pennsauken (pensauken), New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Rbs Citizens, based in Providence, Rhode Island.

SBA Loan Borrower

COMPANY TYPE: SPECIAL NEEDS TRANSPORTATION
PENNSAUKEN (PENSAUKEN), NJ 02109

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This 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

485991 - Special Needs Transportation

Loan Approval Date

3/18/2003

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Pennsauken (pensauken) NJ, you ought to talk with a local Pennsauken (pensauken) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pennsauken (pensauken) businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Getting a Small Business Loan

Where to Get an SBA Loan in Providence, Rhode Island

Rhode Island SBA 7A Banks