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November 15, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > New London, Business Loans > Rbs Citizens New London Business Loans > Services Loan | ||||
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Rbs Citizens Business Loan Westerly (census Name Westerly, RI
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Westerly (census Name Westerly, Rhode Island Business Gets SBA-Guaranteed Funding from Rbs CitizensRbs Citizens and the SBA work together to get business loans for growing small businesses. Here's an example of how a Rhode Island entrepreneur was able to get a loan to take a small business to the next level. Getting a small business loan in Westerly (census Name Westerly, Rhode Island was an essential business goal for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of New London, Connecticut. Here are the details on this Rhode Island small business loan. SBA Loan Borrower COMPANY TYPE: SERVICES SBA Loan Lender RBS CITIZENS This bank 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. SIC Code 8999 - Services Loan Approval Date 1/26/2000 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. 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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We can help you find the best banks for small businesses in Westerly (census Name Westerly or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 From a Venture Capitalist Small Business Banks in New London, Connecticut
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