How to Get a Loan for Data Processing Services
Looking for commercial loans for data processing services? An SBA loan may be just what you've been looking for. This $5,000 data processing services loan was issued by a Massachusetts bank.
Getting a small business loan in Farmington (census Name For Fa, New Hampshire was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Norwood, Massachusetts. Here are the details on this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: DATA PROCESSING SERVICES
FARMINGTON (CENSUS NAME FOR FA, NH 03835
SBA Loan Lender
RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
514210 - Data Processing Services
Loan Approval Date
3/26/2002
Loan Approval Gross Amount
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $2,500.
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. The loan application indicated that the loan would help retain 1 existing job.
Getting an SBA Loan For Your Business
If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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:
Microlending as a Small Business Funding Source
SBA 7A Banks for Norwood, Massachusetts Loans
SBA Lenders in Massachusetts