Rbs Citizens SBA Loan to Business Consulting Services Company
Looking to get a New Hampshire SBA loan? Here's one New Hampshire business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Manchester, New Hampshire, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Rbs Citizens, based in Manchester, New Hampshire.
SBA Loan Borrower
COMPANY TYPE: BUSINESS CONSULTING SERVICES
MANCHESTER, NH 03101
SBA Loan Lender
RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
8748 - Business Consulting Services
Loan Approval Date
7/28/2000
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the funding would help generate 1 new job.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rbs Citizens 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.
Related Links:
The Art of Bootstrapping
Find an SBA Lender in Manchester, New Hampshire
SBA New Hampshire Lenders