Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Woburn, Massachusetts Bank Loan

 

 
Loan Census SBA Loan Info

How to Get a Loan for Legal Services

With these SBA loans for legal services, the SBA guarantees the lender that the loan will be repaid. This legal services loan for $22,600 was given to a Massachusetts entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Woburn, Massachusetts was able to borrow $22,600 from Rbs Citizens. The SBA made the loan possible by guaranteeing $11,300 of this Massachusetts small business loan.

SBA Loan Borrower

COMPANY TYPE: LEGAL SERVICES
WOBURN, MA 01801

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

541199 - Legal Services

Loan Approval Date

8/28/2006

Loan Approval Gross Amount

$22,600

Loan Approval from the SBA

Of the total $22,600 loan amount, the SBA guaranteed $11,300.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? 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:

Family and Friend Investors - Your First Financiers

SBA 7A Banks in Providence, Rhode Island

Rhode Island SBA 7A Banks