Business Loan from Rbs Citizens Given to Chiropractors Company
An SBA loan from Rbs Citizens typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fairless Hills, Pennsylvania business owner got a $2,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fairless Hills, Pennsylvania was able to borrow $2,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $1,000 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: CHIROPRACTORS
FAIRLESS HILLS, PA 19030
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
621310 - Chiropractors
Loan Approval Date
9/28/2007
Loan Approval Gross Amount
$2,000
Loan Approval from the SBA
Of the total $2,000 loan amount, the SBA guaranteed $1,000.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
If you want money for new small business in Fairless Hills PA, you ought to talk with a local Fairless Hills SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fairless Hills businesses.
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 Rbs Citizens 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.
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