Entrepreneur Works With Providence, Rhode Island Bank to Get an SBA Loan
Thinking about meeting with a Providence, Rhode Island bank about a business loan? Here's one Connecticut business loan, issued by a Providence bank, that was approved by the SBA.
Applying for an SBA loan with Bank Of America worked out well for our friends at one local firm in Harwinton, Connecticut. They received an SBA loan for $59,200. Way to go!
SBA Loan Borrower
COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
HARWINTON, CT 06791
SBA Loan Lender
BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903
This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541618 - Management Consulting Services
Loan Approval Date
8/5/2002
Loan Approval Gross Amount
$59,200
Loan Approval from the SBA
Of the total $59,200 loan amount, the SBA guaranteed $29,600.
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 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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:
Raising Venture Capital
Banks in Providence, Rhode Island
Rhode Island SBA 7A Banks