Raising Money for Metal Container Manufacturing

Looking for bank loans for metal container manufacturing? An SBA loan may be just what you've been looking for. This $3,500 metal container manufacturing loan was issued by a Massachusetts bank.

Getting a small business loan in Providence, Rhode Island was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Norwood, Massachusetts. Here are the details on this Rhode Island small business loan.

SBA Loan Borrower

COMPANY TYPE: METAL CONTAINER MANUFACTURING
PROVIDENCE, RI 02903

SBA Loan Lender

RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062

The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

332439 - Metal Container Manufacturing

Loan Approval Date

5/14/2002

Loan Approval Gross Amount

$3,500

Loan Approval from the SBA

Of the total $3,500 loan amount, the SBA guaranteed $1,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start business in Providence RI, you ought to talk with a local Providence SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Providence businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rbs Citizens are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Business Credit Evaluation

Banks in Norwood, Massachusetts

Massachusetts SBA Bank Lenders