Personal Services Commercial Loans
With these commercial loans for personal services, the SBA guarantees the lender that the loan will be repaid. This personal services loan for $34,000 was given to a Pennsylvania entrepreneur in 2003.
Getting a small business loan in Hanover, Pennsylvania was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Providence, Rhode Island. Here are the details on this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
HANOVER, PA 17331
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLZ
PROVIDENCE, RI 02903
This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
812990 - Personal Services
Loan Approval Date
3/20/2003
Loan Approval Gross Amount
$34,000
Loan Approval from the SBA
Of the total $34,000 loan amount, the SBA guaranteed $17,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 10 employees. The SBA loan documents indicated that the loan would help retain 10 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Realistic Debt Financing Options
Small Bank Loans in Providence, Rhode Island
Getting a Business Loan in Rhode Island