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May 4, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Kd Ventures Incorporated Loan | ||||
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Best Banks for Lincoln (br. P.O.), Rhode Island Small Businesses
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Borrow Money to Buy a Snap-On-Tools FranchiseBorrowing money to purchase a Snap-On-Tools franchise? Rbs Citizens has a history of making these loans and they are guaranteed by the SBA. Snap-On-Tools franchise loans are available to Lincoln (br. P.O.), Rhode Island entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rbs Citizens, based in Providence, Rhode Island, issued an SBA franchise loan for a Snap-On-Tools franchise in 2004. We've got all the details on this Rhode Island small business loan. SBA Loan Borrower KD VENTURES INCORPORATED SBA Loan Lender RBS CITIZENS This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 423710 - Hardware Merchant Wholesalers Loan Approval Date 11/26/2004 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Snap-On-Tools franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $10,000. How would you spend $10,000 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: Obtaining Funding - How to Decide How Much to Raise Good Banks for Small Business in Providence, Rhode Island
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