SBA Loan from Citizens Security Bank (guam) In Helps New Single-Family Housing Construction Company

Citizens Security Bank (guam) In is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one entrepreneur who tapped into the power of SBA loans.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Citizens Security Bank (guam) In, out of Agana, . The loan was granted and they received $80,700 to help grow their Dededo, business.

SBA Loan Borrower

COMPANY TYPE: NEW SINGLE-FAMILY HOUSING CONSTRUCTION
DEDEDO, GU 96929

SBA Loan Lender

CITIZENS SECURITY BANK (GUAM) IN
424 W O'BRIEN DR, 114 JULALE
AGANA, GU 96910

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

236115 - New Single-Family Housing Construction

Loan Approval Date

4/19/2007

Loan Approval Gross Amount

$80,700

Loan Approval from the SBA

Of the total $80,700 loan amount, the SBA guaranteed $68,595.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 27 employees. The SBA loan application for the borrower indicated that the loan would help retain 27 existing jobs.

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

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citizens Security Bank (guam) In and they will explain how you can get an SBA loan for your company.

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.