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November 21, 2024  
 
 
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Providence, Rhode Island Bank Lends Money to Administrative Management And General Management Consulting Services Company in Boston, Massachusetts

Find Providence, Rhode Island banks that specialize in small business loans and know how to work with entrepreneurs. Rbs Citizens is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Boston, Massachusetts starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from Rbs Citizens. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES
BOSTON, MA 02115

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This 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

541611 - Administrative Management and General Management Consulting Services

Loan Approval Date

6/10/2004

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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

If you want money for new small business in Boston MA, you ought to talk with a local Boston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Boston businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $35,000 loan. Remember, anyone can do it... so why not 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:

Determining Proper Capital Structure for a Business

Best Banks for Small Business in Providence, Rhode Island

Find an SBA Lender in Rhode Island