Durable Goods Wholesalers SBA Loans
Looking for SBA loans for durable goods wholesalers? Talk to a banker who works with the SBA. This $10,000 durable goods wholesalers loan was issued by a Massachusetts bank.
This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Rbs Citizens, out of Norwood, Massachusetts. The loan was granted and they received $10,000 to help grow their Rochester, New Hampshire business.
SBA Loan Borrower
COMPANY TYPE: DURABLE GOODS WHOLESALERS
ROCHESTER, NH 03867
SBA Loan Lender
RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062
This lender processed this SBA small business 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
421990 - Durable Goods Wholesalers
Loan Approval Date
10/31/2002
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rbs Citizens are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Business Incubators
SBA Participating Banks in Norwood, Massachusetts
Massachusetts SBA 7A Lenders