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April 26, 2024  
 
 
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We Needed a Small Business Loan in Cranston, Rhode Island and We Got One!

 

 
Loan Census SBA Loan Info

Commercial Loans for Glass and Glazing Contractors

With these commercial loans for glass and glazing contractors, the SBA guarantees the lender that the loan will be repaid. This glass and glazing contractors loan for $150,000 was given to a Rhode Island entrepreneur in 2007.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Rbs Citizens, out of Cleveland, Ohio. The loan was granted and they received $150,000 to help grow their Cranston, Rhode Island business.

SBA Loan Borrower

COMPANY TYPE: GLASS AND GLAZING CONTRACTORS
CRANSTON, RI 02910

SBA Loan Lender

RBS CITIZENS
1215 SUPERIOR AVE
CLEVELAND, OH 44114

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.

NAICS Code

238150 - Glass and Glazing Contractors

Loan Approval Date

12/18/2007

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

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 24 employees. The SBA loan application for the borrower indicated that the loan would help retain 24 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $150,000. How would you spend $150,000 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:

Borrowing Money from Friends and Family

SBA 7A Lenders in Cleveland, Ohio

Getting a Business Loan in Ohio