Raising Money for Marketing Consulting Services
With these business loans for marketing consulting services, the SBA guarantees the lender that the loan will be repaid. This marketing consulting services loan for $15,000 was given to a Massachusetts entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Boston, Massachusetts was able to borrow $15,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $7,500 of this Massachusetts small business loan.
SBA Loan Borrower
COMPANY TYPE: MARKETING CONSULTING SERVICES
BOSTON, MA 02116
SBA Loan Lender
RBS CITIZENS
28 STATE ST
BOSTON, MA 02109
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
541613 - Marketing Consulting Services
Loan Approval Date
5/29/2002
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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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