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December 23, 2024 |
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| Home > Small Business Lenders by State > New Jersey Business Loan Sources > Providence, Business Loans > Bank Of America Providence Business Loans > Refrigeration Equipment And Supplies Wholesalers Loan | ||||
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Providence SBA Lenders
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Providence, Rhode Island Lender Lends Money to Refrigeration Equipment And Supplies Wholesalers CompanyThinking about meeting with a Providence, Rhode Island bank about an SBA loan? Here's one New Jersey 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 Rocky Hill, New Jersey. The business was able to get an SBA loan for $58,600. Nice! SBA Loan Borrower COMPANY TYPE: REFRIGERATION EQUIPMENT AND SUPPLIES WHOLESALERS SBA Loan Lender BANK OF AMERICA This business loan 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 421740 - Refrigeration Equipment and Supplies Wholesalers Loan Approval Date 8/8/2002 Loan Approval Gross Amount $58,600 Loan Approval from the SBA Of the total $58,600 loan amount, the SBA guaranteed $29,300. 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 12 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $58,600. How would you spend $58,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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
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