Loan Census Banking News and Information
December 29, 2024  
 
 
  Business Loan Information  
 

Rbs Citizens Small Business Loan

 

 
Loan Census SBA Loan Info

Raising Money for Painting and Wall Covering

With these business loans for painting and wall covering, the SBA guarantees the lender that the loan will be repaid. This painting and wall covering loan for $25,000 was given to a New Hampshire entrepreneur in 2001.

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 Manchester, New Hampshire. The loan was granted and they received $25,000 to help grow their Danville, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: PAINTING AND WALL COVERING
DANVILLE, NH 03819

SBA Loan Lender

RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101

This lender processed this bank 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

235210 - Painting and Wall Covering

Loan Approval Date

3/2/2001

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Danville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Direct Public Offerings

Best Banks in Manchester, New Hampshire

Getting an SBA Loan in New Hampshire