 |
 |
November 24, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Michigan Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Home Centers Loan | ||||
 |
||||
Providence Bank Loan
|
||||
 |
Providence, Rhode Island Bank Lends Money to Home Centers Company in Franklin, MichiganThinking about meeting with a Providence, Rhode Island bank about a business loan? Here's one Michigan 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 Franklin, Michigan. They received an SBA loan for $89,500. Nice! SBA Loan Borrower COMPANY TYPE: HOME CENTERS SBA Loan Lender RBS CITIZENS The lender provided this 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 444110 - Home Centers Loan Approval Date 3/17/2005 Loan Approval Gross Amount $89,500 Loan Approval from the SBA Of the total $89,500 loan amount, the SBA guaranteed $44,750. 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 only one employee. The loan application indicated that the loan would help generate 12 new jobs and retain 13 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Obtaining Funding - How to Decide How Much to Raise Small Bank Loans in Providence, Rhode Island SBA Participating Banks in Rhode Island
|
|
||
|
||||
|
|
||||