Business Loan from Citizens Security Bank (guam) In Given to Commercial Printing Company

An SBA loan from Citizens Security Bank (guam) In typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Tamuning, business owner got a $77,900 loan.

Getting a small business loan in Tamuning, was an essential business goal for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Citizens Security Bank (guam) In, operating out of Agana, . Here are the details on this small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
TAMUNING, GU 96911

SBA Loan Lender

CITIZENS SECURITY BANK (GUAM) IN
424 W O'BRIEN DR, 114 JULALE
AGANA, GU 96910

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2759 - Commercial Printing

Loan Approval Date

5/18/2000

Loan Approval Gross Amount

$77,900

Loan Approval from the SBA

Of the total $77,900 loan amount, the SBA guaranteed $62,320.

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 16 employees. The loan application did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $77,900 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

Citizens Security Bank (guam) In Business Loan Tamuning, GU

Business Loan from Citizens Security Bank (guam) In Given to Commercial Printing Company