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November 15, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Manchester, Business Loans > Rbs Citizens Manchester Business Loans > Vocational Rehabilitation Services Loan | ||||
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Rbs Citizens
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SBA Loan from Rbs Citizens Helps Vocational Rehabilitation Services CompanyRbs Citizens has a track record as a leading provider of SBA loans. Find out how this New Hampshire entrepreneur received an SBA loan from them. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Londonderry, New Hampshire was able to borrow $50,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $25,000 of this New Hampshire small business loan. SBA Loan Borrower COMPANY TYPE: VOCATIONAL REHABILITATION SERVICES SBA Loan Lender RBS CITIZENS The lender provided this SBA 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 624310 - Vocational Rehabilitation Services Loan Approval Date 4/29/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Best Banks for Small Business in Manchester, New Hampshire
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