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April 29, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Warwick, Business Loans > Home Loan Invest Bank F.S.B. Warwick Business Loans > No Industry Type Specified Loan | ||||
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Home Loan Invest Bank F.S.B.
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SBA Loan from Home Loan Invest Bank F.S.B. Helps No Industry Type Specified CompanyHome Loan Invest Bank F.S.B. and the SBA work together to get business loans for growing small businesses. Here's an example of how a Massachusetts entrepreneur was able to get a loan to take a small business to the next level. This growing company knew how to go about getting a business bank loan. Based in Padanaram Village, Massachusetts, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Home Loan Invest Bank F.S.B., based in Warwick, Rhode Island. SBA Loan Borrower COMPANY TYPE: NO INDUSTRY TYPE SPECIFIED SBA Loan Lender HOME LOAN INVEST BANK F.S.B. This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 421310 - Loan Approval Date 11/17/2000 Loan Approval Gross Amount $410,500 Loan Approval from the SBA Of the total $410,500 loan amount, the SBA guaranteed $307,875. 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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs. Getting an SBA Loan For Your Business If you are working on finding money to start a business in Padanaram Village MA, you ought to talk with a local Padanaram Village SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Padanaram Village businesses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Home Loan Invest Bank F.S.B. and they will explain how you can get an SBA loan for your company. 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: Realistic Debt Financing Options Small Bank Loans in Warwick, Rhode Island Getting an SBA Loan in Rhode Island
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