Raising Money for Human Resources Consulting Services

Looking for business loans for human resources consulting services? An SBA loan may be just what you've been looking for. This $35,000 human resources consulting services loan was issued by a Rhode Island bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Greenwood Cu, out of Warwick, Rhode Island. The loan was granted and they received $35,000 to help grow their Warwick, Rhode Island business.

SBA Loan Borrower

COMPANY TYPE: EMPLOYMENT AGENCIES
WARWICK, RI 02886

SBA Loan Lender

GREENWOOD CU
2669 POST RD
WARWICK, RI 02886

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7361 - Employment Agencies

NAICS Code

541612 - Human Resources Consulting Services

Loan Approval Date

11/14/2003

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $29,750.

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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Greenwood Cu had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Greenwood Cu made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

The Friends and Family Network

SBA 7A Banks in Warwick, Rhode Island

Rhode Island SBA 7A Lenders