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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 > Personal And Household Goods Repair And Maintenance Loan | ||||
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Business Loans for New Boston Businesses
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Personal and Household Goods Repair and Maintenance Commercial LoansLooking for commercial loans for personal and household goods repair and maintenance? Talk to a banker who works with the SBA. This $5,000 personal and household goods repair and maintenance loan was issued by a New Hampshire bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Boston, New Hampshire was able to borrow $5,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $2,500 of this New Hampshire small business loan. SBA Loan Borrower COMPANY TYPE: PERSONAL AND HOUSEHOLD GOODS REPAIR AND MAINTENANCE SBA Loan Lender RBS CITIZENS This debt financing 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. NAICS Code 811490 - Personal and Household Goods Repair and Maintenance Loan Approval Date 10/2/2001 Loan Approval Gross Amount $5,000 Loan Approval from the SBA Of the total $5,000 loan amount, the SBA guaranteed $2,500. 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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Rbs Citizens and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: SBA Approved Banks in Manchester, New Hampshire
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