Loan Census Banking News and Information
October 24, 2020  
  Business Loan Information  

Rbs Citizens Commercial Loans


Loan Census SBA Loan Info

Borrowing Money for Pharmaceutical Preparation Manufacturing

Looking for loans for pharmaceutical preparation manufacturing? An SBA loan may be just what you've been looking for. This $100,000 pharmaceutical preparation manufacturing loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rochester, New York was able to borrow $100,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $50,000 of this New York small business loan.

SBA Loan Borrower


SBA Loan Lender


This lender processed this business loan 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.


325412 - Pharmaceutical Preparation Manufacturing

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Rochester NY, you ought to talk with a local Rochester SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rochester businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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:

The Friends and Family Network

Best Cleveland, Ohio Banks for Small Business

SBA Ohio Lenders