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April 28, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Westerly, Business Loans > Westerly Community Cu Westerly Business Loans > Advertising Agencies Loan | ||||
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Raising Money in Block Island (town Name New Sh, Rhode Island With SBA Loans
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Advertising Agencies Bank LoansLooking for bank loans for advertising agencies? Talk to a banker who works with the SBA. This $35,800 advertising agencies loan was issued by a Rhode Island bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Block Island (town Name New Sh, Rhode Island was able to borrow $35,800 from Westerly Community Cu. The SBA made the loan possible by guaranteeing $17,900 of this Rhode Island small business loan. SBA Loan Borrower COMPANY TYPE: ADVERTISING AGENCIES SBA Loan Lender WESTERLY COMMUNITY CU This lender processed this small 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 541810 - Advertising Agencies Loan Approval Date 7/23/2007 Loan Approval Gross Amount $35,800 Loan Approval from the SBA Of the total $35,800 loan amount, the SBA guaranteed $17,900. 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Westerly Community Cu so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Small Bank Loans in Westerly, Rhode Island
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