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May 3, 2024  
 
 
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SBA 7A Banks for Wakefield, Rhode Island Small Businesses

 

 
Loan Census SBA Loan Info

Meat Markets Commercial Loans

Looking for commercial loans for meat markets? Try the SBA. This $75,000 meat markets loan was issued by a Rhode Island bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Rbs Citizens, out of Cranston, Rhode Island. The loan was granted and they received $75,000 to help grow their Wakefield, Rhode Island business.

SBA Loan Borrower

COMPANY TYPE: MEAT AND FISH MARKET
WAKEFIELD, RI 02879

SBA Loan Lender

RBS CITIZENS
1850 PLAINFIELD PIKE
CRANSTON, RI 02922

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5421 - Meat and Fish Market

NAICS Code

445210 - Meat Markets

Loan Approval Date

5/16/2002

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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 Rbs Citizens 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:

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Best Cranston, Rhode Island Banks for Small Business

Rhode Island SBA 7A Lenders