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May 15, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Las Vegas, Business Loans > Citibank Las Vegas Business Loans > Management Consulting Services Loan | ||||
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Getting an SBA 7A Loan in Belmont (town Of), Massachusetts
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Citibank Gives SBA Loan to Management Consulting Services CompanyLooking to get a Massachusetts small business loan? This Massachusetts entrepreneur got a small business loan, provided by a Nevada bank that works with the SBA to help small business owners. Getting a small business loan in Belmont (town Of), Massachusetts was a top priority for this small company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Citibank. Here are the details on this Massachusetts small business loan. SBA Loan Borrower COMPANY TYPE: MANAGEMENT CONSULTING SERVICES SBA Loan Lender CITIBANK This lender processed this 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. NAICS Code 541618 - Management Consulting Services Loan Approval Date 12/5/2007 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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. Related Links: Good Banks for Small Business in Las Vegas, Nevada
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