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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Boston, Business Loans > Rbs Citizens Boston Business Loans > Direct Mail Advertising Services Loan | ||||
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Massachusetts Bank SBA Loans
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Rbs Citizens SBA Loan to Direct Mail Advertising Services CompanyLooking to get a Connecticut SBA loan? Here's one Connecticut business loan that was approved by the SBA. This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Rbs Citizens, out of Boston, Massachusetts. The loan was granted and they received $20,000 to help grow their New Haven, Connecticut business. SBA Loan Borrower COMPANY TYPE: DIRECT MAIL ADVERTISING SERVICES SBA Loan Lender RBS CITIZENS This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 Loan Approval Date 5/3/2000 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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to let you know that businesses like yours 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: Good Banks for Small Business in Boston, Massachusetts
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