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December 29, 2024  
 
 
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Business Loans for New Boston Entrepreneurs

 

 
Loan Census SBA Loan Info

Small Business Loans for Software Reproducing

With these small business loans for software reproducing, the SBA guarantees the lender that the loan will be repaid. This software reproducing loan for $260,000 was given to a New Hampshire entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Boston, New Hampshire was able to borrow $260,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $195,000 of this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: SOFTWARE REPRODUCING
NEW BOSTON, NH 03070

SBA Loan Lender

RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334611 - Software Reproducing

Loan Approval Date

4/9/2003

Loan Approval Gross Amount

$260,000

Loan Approval from the SBA

Of the total $260,000 loan amount, the SBA guaranteed $195,000.

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 4 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 9 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Advice on Getting a Small Business Loan

Small Business Banks in Manchester, New Hampshire

Getting an SBA Loan in New Hampshire