Loan Census Banking News and Information
December 25, 2024  
 
 
  Business Loan Information  
 

How Hard Is It to Get a Small Business Loan in Middletown (town Of), Rhode Island?

 

 
Loan Census SBA Loan Info

Small Business Loans for Interior Design Services

Looking for small business loans for interior design services? The SBA may be the answer. This $5,000 interior design services loan was issued by a Rhode Island bank.

Getting a small business loan in Middletown (town Of), Rhode Island was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Providence, Rhode Island. Here are the details on this Rhode Island small business loan.

SBA Loan Borrower

COMPANY TYPE: INTERIOR DESIGN SERVICES
MIDDLETOWN (TOWN OF), RI 02842

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

The lender provided this bank 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

541410 - Interior Design Services

Loan Approval Date

3/12/2004

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. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Middletown (town Of) RI, you ought to talk with a local Middletown (town Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Middletown (town Of) businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rbs Citizens that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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 - Getting Venture Capital

Best Banks in Providence, Rhode Island

Rhode Island SBA 7A Banks