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December 19, 2024  
 
 
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SBA Lenders in Massachusetts

 

 
Loan Census SBA Loan Info

Financing for Nonresidential Property Managers

Looking for commercial loans for nonresidential property managers? An SBA loan may be just what you've been looking for. This $450,000 nonresidential property managers loan was issued by a Rhode Island bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Roxbury, Massachusetts was able to borrow $450,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $337,500 of this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: LIQUOR STORES
ROXBURY, MA 02120

SBA Loan Lender

RBS CITIZENS
85 SOCKANOSSET CROSS RD
CRANSTON, RI 02920

This SBA loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a thorough analysis of the loan application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5921 - Liquor Stores

NAICS Code

531312 - Nonresidential Property Managers

Loan Approval Date

4/2/2003

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

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 2 employees. The SBA loan documents did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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:

Role of Business Plan When Raising Money

Best Cranston, Rhode Island Banks for Small Business

Getting an SBA Loan in Rhode Island