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May 11, 2024  
 
 
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Loan Census SBA Loan Info

Rbs Citizens SBA Loan to Personal Services Company

Want a New York small business loan? Here's one New York business loan that was approved by the SBA.

This growing firm needed an SBA business loan in Buffalo, New York back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Williamsville, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
BUFFALO, NY 14203

SBA Loan Lender

RBS CITIZENS
5225 SHERIDAN DR
WILLIAMSVILLE, NY 14221

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7299 - Personal Services

Loan Approval Date

7/11/2000

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

This SBA loan was for $25,000. How would you spend $25,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

504 Loans

SBA 7A Banks for Williamsville, New York Loans

Getting a Business Loan in New York