 |
 |
April 28, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Abrasive Product Manufacturing Loan | ||||
 |
||||
Advice for Entrepreneurs On Getting a Loan
|
||||
 |
Commercial Loans for Abrasive Product ManufacturingLooking for commercial loans for abrasive product manufacturing? Try the SBA. This $100,000 abrasive product manufacturing loan was issued by a Rhode Island bank. This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Rbs Citizens, out of Providence, Rhode Island. The loan was granted and they received $100,000 to help grow their Bristol, Rhode Island business. SBA Loan Borrower COMPANY TYPE: ABRASIVE PRODUCT MANUFACTURING SBA Loan Lender RBS CITIZENS This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 327910 - Abrasive Product Manufacturing Loan Approval Date 10/11/2001 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $75,000. 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 13 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 14 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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: Obtaining Funding - Friends and Family SBA Banks in Providence, Rhode Island
|
|
||
|
||||
|
|
||||