SBA Loan from Rbs Citizens Helps Mobile Food Services Company
An SBA loan from Rbs Citizens typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Wallingford, Connecticut business owner got a $113,000 loan.
This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Rbs Citizens, out of New London, Connecticut. The loan was granted and they received $113,000 to help grow their Wallingford, Connecticut business.
SBA Loan Borrower
COMPANY TYPE: MOBILE FOOD SERVICES
WALLINGFORD, CT 06492
SBA Loan Lender
RBS CITIZENS
63 EUGENE O'NEILL DR
NEW LONDON, CT 06320
This lender processed this SBA 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
722330 - Mobile Food Services
Loan Approval Date
5/31/2001
Loan Approval Gross Amount
$113,000
Loan Approval from the SBA
Of the total $113,000 loan amount, the SBA guaranteed $56,500.
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 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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.
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