Business Loan from Rbs Citizens Given to Gasoline Stations Company
Rbs Citizens has a track record as a leading provider of SBA loans. Find out how this New Hampshire entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in Berlin, New Hampshire, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Rbs Citizens, based in Norwood, Massachusetts.
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS
BERLIN, NH 03570
SBA Loan Lender
RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062
This lender processed this 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
447190 - Gasoline Stations
Loan Approval Date
5/1/2002
Loan Approval Gross Amount
$1,000
Loan Approval from the SBA
Of the total $1,000 loan amount, the SBA guaranteed $500.
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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rbs Citizens that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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