Commercial Loans for Telecommunications Resellers
Looking for commercial loans for telecommunications resellers? Try the SBA. This $35,000 telecommunications resellers loan was issued by a Massachusetts bank.
This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Rbs Citizens, out of Boston, Massachusetts. The loan was granted and they received $35,000 to help grow their Watertown, Massachusetts business.
SBA Loan Borrower
COMPANY TYPE: TELECOMMUNICATIONS RESELLERS
WATERTOWN, MA 02472
SBA Loan Lender
RBS CITIZENS
28 STATE ST
BOSTON, MA 02109
This small business 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
513330 - Telecommunications Resellers
Loan Approval Date
2/21/2003
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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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