Tax Preparation Services Business Loans
With these business loans for tax preparation services, the SBA guarantees the lender that the loan will be repaid. This tax preparation services loan for $10,500 was given to a New York entrepreneur in 2002.
This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bank Of America, out of Providence, Rhode Island. The loan was granted and they received $10,500 to help grow their Jamaica, New York business.
SBA Loan Borrower
COMPANY TYPE: TAX PREPARATION SERVICES
JAMAICA, NY 11412
SBA Loan Lender
BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
541213 - Tax Preparation Services
Loan Approval Date
5/31/2002
Loan Approval Gross Amount
$10,500
Loan Approval from the SBA
Of the total $10,500 loan amount, the SBA guaranteed $5,250.
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 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.
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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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