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May 3, 2024 |
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| Home > Small Business Lenders by State > New Hampshire Business Loan Sources > Norwood, Business Loans > Rbs Citizens Norwood Business Loans > Health Practitioners Loan | ||||
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Who Can Get a Business Loan in Portsmouth, New Hampshire?
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How to Get a Loan for Health PractitionersWith these commercial loans for health practitioners, the SBA guarantees the lender that the loan will be repaid. This health practitioners loan for $5,000 was given to a New Hampshire entrepreneur in 2003. This small business knew how to go about getting a business bank loan. Based in Portsmouth, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Rbs Citizens, based in Norwood, Massachusetts. SBA Loan Borrower COMPANY TYPE: HEALTH PRACTITIONERS SBA Loan Lender RBS CITIZENS The lender provided this SBA 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 621399 - Health Practitioners Loan Approval Date 8/29/2003 Loan Approval Gross Amount $5,000 Loan Approval from the SBA Of the total $5,000 loan amount, the SBA guaranteed $2,500. 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 SBA loan documents indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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 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: SBA Participating Banks in Norwood, Massachusetts
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