Dover, New Hampshire Business Gets SBA-Guaranteed Funding from Rbs Citizens
Rbs Citizens 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 New Hampshire entrepreneur who tapped into the power of SBA loans.
This growing company 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 $660,000 to help grow their Dover, New Hampshire business.
SBA Loan Borrower
COMPANY TYPE: BOWLING CENTERS
DOVER, NH 03820
SBA Loan Lender
RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101
This debt financing was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA promises a quick answer on whether the loan qualifies.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7933 - Bowling Centers
NAICS Code
713950 - Bowling Centers
Loan Approval Date
2/16/2001
Loan Approval Gross Amount
$660,000
Loan Approval from the SBA
Of the total $660,000 loan amount, the SBA guaranteed $400,026.
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 15 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:
Advice on Getting a Small Business Loan
Best Banks in Manchester, New Hampshire
SBA Lenders in New Hampshire