Entrepreneur Works With Cleveland, Ohio Bank to Get an SBA Loan
Get small business loans from a Cleveland, Ohio bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Rbs Citizens is a Cleveland, Ohio small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Michigan company.
SBA Loan Borrower
COMPANY TYPE: INSURANCE AGENTS AND BROKERS
TROY, MI 48098
SBA Loan Lender
RBS CITIZENS
1215 SUPERIOR AVE
CLEVELAND, OH 44114
This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
6411 - Insurance Agents and Brokers
Loan Approval Date
5/11/2000
Loan Approval Gross Amount
$202,000
Loan Approval from the SBA
Of the total $202,000 loan amount, the SBA guaranteed $151,500.
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. This SBA loan request did not indicate that the company planned to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Angel Investors
SBA Approved Banks in Cleveland, Ohio
SBA Lenders in Ohio