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November 24, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Nursing Care Facilities Loan | ||||
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Rhode Island SBA 7A Lenders
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Providence, Rhode Island Bank Lends Money to Nursing Care Facilities Company in Cleveland, OhioWant to talk with a Providence, Rhode Island bank about a small business loan? Here's one Ohio business loan, issued by a Providence bank, that was approved by the SBA. Applying for an SBA loan with Rbs Citizens worked out well for our friends at one local business in Cleveland, Ohio. They received an SBA loan for $100,000. Way to go! SBA Loan Borrower COMPANY TYPE: NURSING CARE FACILITIES SBA Loan Lender RBS CITIZENS 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. NAICS Code 623110 - Nursing Care Facilities Loan Approval Date 8/2/2006 Loan Approval Gross Amount $100,000 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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 195 employees. This SBA loan request indicated that the loan would help retain 195 existing jobs. Great, But How Can I Get an SBA Loan for My 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. We can help you find the best banks for small businesses in Cleveland or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Where to Get an SBA Loan in Providence, Rhode Island
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