SBA Loan from Rbs Citizens Helps Computer And Software Stores Company
Rbs Citizens has a track record as a leading provider of SBA loans. Find out how this Massachusetts entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Marshfield (census Name For Ma, Massachusetts, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Rbs Citizens, based in Boston, Massachusetts.
SBA Loan Borrower
COMPANY TYPE: COMPUTER AND SOFTWARE STORES
MARSHFIELD (CENSUS NAME FOR MA, MA 02050
SBA Loan Lender
RBS CITIZENS
28 STATE ST
BOSTON, MA 02109
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
443120 - Computer and Software Stores
Loan Approval Date
2/21/2003
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rbs Citizens are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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