Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

Best Banks in New York

 

 
Loan Census SBA Loan Info

Heating Oil Dealers Small Business Loans

Looking for small business loans for heating oil dealers? Talk to a banker who works with the SBA. This $21,900 heating oil dealers loan was issued by a Rhode Island bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Rbs Citizens, out of Providence, Rhode Island. The loan was granted and they received $21,900 to help grow their Raquette Lake, New York business.

SBA Loan Borrower

COMPANY TYPE: HEATING OIL DEALERS
RAQUETTE LAKE, NY 13436

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This lender processed this loan for a small business 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

454311 - Heating Oil Dealers

Loan Approval Date

4/4/2005

Loan Approval Gross Amount

$21,900

Loan Approval from the SBA

Of the total $21,900 loan amount, the SBA guaranteed $10,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Raquette Lake 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:

SBIR Funding

Small Business Banks in Providence, Rhode Island

Find an SBA Lender in Rhode Island