Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Southampton (pc Rr Name Street, Pennsylvania and We Got One!

 

 
Loan Census SBA Loan Info

Financing for Claims Adjusting

Looking for loans for claims adjusting? An SBA loan may be just what you've been looking for. This $2,500 claims adjusting loan was issued by a Rhode Island bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Rbs Citizens, out of Providence, Rhode Island. The loan was granted and they received $2,500 to help grow their Southampton (pc Rr Name Street, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: CLAIMS ADJUSTING
SOUTHAMPTON (PC RR NAME STREET, PA 18966

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLZ
PROVIDENCE, RI 02903

This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

524291 - Claims Adjusting

Loan Approval Date

5/5/2004

Loan Approval Gross Amount

$2,500

Loan Approval from the SBA

Of the total $2,500 loan amount, the SBA guaranteed $1,250.

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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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.

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Accountant's Role in Securing Financing

SBA 7A Lenders in Providence, Rhode Island

Find an SBA Lender in Rhode Island