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December 22, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Providence, Business Loans > Bank Rhode Island Providence Business Loans > Coated And Laminated Paper Manufacturing Loan | ||||
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SBA Lender Providence, Rhode Island
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Providence, Rhode Island Bank Lends Money to Coated And Laminated Paper Manufacturing Company in Coventry (washington), Rhode IslandA Providence, Rhode Island small business loan can be yours. Learn how a company got a $400,000 business loan from this Rhode Island bank. This loan to a local firm is a good example of an SBA loan. Bank Rhode Island made the loan and the SBA guaranteed a portion of the loan. Many other Rhode Island entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: COATED AND LAMINATED PAPER MANUFACTURING SBA Loan Lender BANK RHODE ISLAND Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 322222 - Coated and Laminated Paper Manufacturing Loan Approval Date 7/20/2007 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. 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 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to raise money for a company in Coventry (washington) RI, you ought to talk with a local Coventry (washington) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Coventry (washington) businesses. 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 $400,000 loan. Remember, if it to be, it is up to me! 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: Small Business Banks in Providence, Rhode Island Browse All Business Loan Sources for Rhode Island
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