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May 19, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Sporting And Recreational Goods And Supplies Merchant Wholesalers Loan | ||||
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Best Banks for Woonsocket, Rhode Island Businesses
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Borrowing Money for Sporting and Recreational Goods and Supplies Merchant WholesalersLooking for loans for sporting and recreational goods and supplies merchant wholesalers? Talk to a banker who works with the SBA. This $10,000 sporting and recreational goods and supplies merchant wholesalers loan was issued by a Rhode Island bank. This small firm knew how to go about getting a business bank loan. Based in Woonsocket, Rhode Island, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Rbs Citizens, based in Providence, Rhode Island. SBA Loan Borrower COMPANY TYPE: SPORTING AND RECREATIONAL GOODS AND SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender RBS CITIZENS The lender provided this debt financing 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 423910 - Sporting and Recreational Goods and Supplies Merchant Wholesalers Loan Approval Date 6/18/2003 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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The loan application indicated that the loan would help generate 1 new job and retain 6 existing jobs. Getting an SBA Loan For Your Business If you have been wondering how do i get money to start a business in Woonsocket RI, you ought to talk with a local Woonsocket SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Woonsocket businesses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Raising VC Money for Social Networking Companies Who Lends Money to Small Businesses in Providence, Rhode Island Browse All Business Loan Sources for Rhode Island
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