Business Loan from Rbs Citizens Given to Direct Mail Advertising Services Company
An SBA loan from Rbs Citizens typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Nashua, New Hampshire business owner got a $15,000 loan.
This business knew how to go about getting a business bank loan. Based in Nashua, New Hampshire, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Rbs Citizens, based in Manchester, New Hampshire.
SBA Loan Borrower
COMPANY TYPE: DIRECT MAIL ADVERTISING SERVICES
NASHUA, NH 03063
SBA Loan Lender
RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101
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.
SIC Code
7331 - Direct Mail Advertising Services
NAICS Code
541860 - Direct Mail Advertising
Loan Approval Date
9/15/2000
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $15,000. How would you spend $15,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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