Loan Census Banking News and Information
December 19, 2024  
 
 
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Hudson SBA Loans

 

 
Loan Census SBA Loan Info

Rbs Citizens Gives SBA Loan to Recyclable Material Wholesalers Company

SBA loans in New Hampshire are hard to find these days. We take a look at one New Hampshire SBA loan, provided by a Rhode Island bank, that was approved by the SBA.

By giving the right information to Rbs Citizens, this Hudson, New Hampshire business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.

SBA Loan Borrower

COMPANY TYPE: RECYCLABLE MATERIAL WHOLESALERS
HUDSON, NH 03051

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This bank 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

421930 - Recyclable Material Wholesalers

Loan Approval Date

3/21/2002

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 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are working on finding money to start a business in Hudson NH, you ought to talk with a local Hudson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hudson businesses.

We can help you find the best banks for small businesses in Hudson or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

How Much Venture Capital Is There?

Where to Get an SBA Loan in Providence, Rhode Island

SBA Participating Banks in Rhode Island