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April 27, 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 > Physicians Loan | ||||
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How to Get SBA Loans in Coventry (washington), Rhode Island
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Raising Money for PhysiciansLooking for business loans for physicians? An SBA loan may be just what you've been looking for. This $25,000 physicians loan was issued by a Rhode Island bank. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Westerly Community Cu, out of Westerly, Rhode Island. The loan was granted and they received $25,000 to help grow their Coventry (washington), Rhode Island business. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender WESTERLY COMMUNITY CU This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 621111 - Physicians Loan Approval Date 1/31/2007 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This SBA loan was for $25,000. How would you spend $25,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Microlending as a Small Business Funding Source Where to Get an SBA Loan in Westerly, Rhode Island Find an SBA Lender in Rhode Island
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