Pelham, New Hampshire Business Gets SBA-Guaranteed Funding from Rbs Citizens

Rbs Citizens is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one New Hampshire entrepreneur who tapped into the power of SBA loans.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Rbs Citizens, out of Manchester, New Hampshire. The loan was granted and they received $30,500 to help grow their Pelham, New Hampshire business.

SBA Loan Borrower

COMPANY TYPE: SUPPORT SERVICES
PELHAM, NH 03076

SBA Loan Lender

RBS CITIZENS
875 ELM ST
MANCHESTER, NH 03101

This SBA bank 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.

NAICS Code

561990 - Support Services

Loan Approval Date

4/24/2001

Loan Approval Gross Amount

$30,500

Loan Approval from the SBA

Of the total $30,500 loan amount, the SBA guaranteed $15,250.

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. The SBA loan documents indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Pelham NH, you ought to talk with a local Pelham SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pelham businesses.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Rbs Citizens so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

SBIR Funding

Small Business Banks in Manchester, New Hampshire

SBA New Hampshire Lenders