Hagatna, Business Gets SBA-Guaranteed Funding from Citizens Security Bank (guam) In

Citizens Security Bank (guam) In has a track record as a leading provider of SBA loans. Find out how this entrepreneur received an SBA loan from them.

This growing company knew how to go about getting a business bank loan. Based in Hagatna, , they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Citizens Security Bank (guam) In, based in Agana, .

SBA Loan Borrower

COMPANY TYPE: FULL-SERVICE RESTAURANTS
HAGATNA, GU 96910

SBA Loan Lender

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

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

9/1/2006

Loan Approval Gross Amount

$32,800

Loan Approval from the SBA

Of the total $32,800 loan amount, the SBA guaranteed $27,880.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. This SBA loan request indicated that the loan would help create 5 new jobs.

Start the Process for Getting an SBA Loan Today!

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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citizens Security Bank (guam) In that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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