Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

We Needed a Business Loan in East Falmouth, Massachusetts and We Got One!

 

 
Loan Census SBA Loan Info

Where to Get Capital for Direct Mail Advertising

Looking for small business loans for direct mail advertising? An SBA loan may be just what you've been looking for. This $10,000 direct mail advertising loan was issued by a Massachusetts bank.

This company knew how to go about getting a business bank loan. Based in East Falmouth, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Rbs Citizens, based in Boston, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: DIRECT MAIL ADVERTISING
EAST FALMOUTH, MA 32812

SBA Loan Lender

RBS CITIZENS
28 STATE ST
BOSTON, MA 02109

This lender processed this loan for a small business 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

541860 - Direct Mail Advertising

Loan Approval Date

6/18/2002

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $10,000 loan. Remember, you control your own destiny.

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:

SBIR Funding

SBA Participating Banks in Boston, Massachusetts

Find an SBA Lender in Massachusetts