Bank Loans for Direct Mail Advertising
With these bank loans for direct mail advertising, the SBA guarantees the lender that the loan will be repaid. This direct mail advertising loan for $17,000 was given to a New Hampshire entrepreneur in 2000.
Getting a small business loan in Nashua, New Hampshire was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Manchester, New Hampshire. Here are the details on this New Hampshire small business loan.
SBA Loan Borrower
COMPANY TYPE: DIRECT MAIL ADVERTISING SERVICES
NASHUA, NH 03063
SBA Loan Lender
RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101
This SBA business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
9/21/2000
Loan Approval Gross Amount
$17,000
Loan Approval from the SBA
Of the total $17,000 loan amount, the SBA guaranteed $8,500.
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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Rbs Citizens and they will explain how you can get an SBA loan for your company.
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:
Microlending as a Small Business Funding Source
SBA 7A Banks in Manchester, New Hampshire
New Hampshire SBA 7A Banks