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May 18, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Chemical Product And Preparation Manufacturing Loan | ||||
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Providence Lenders
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Providence, Rhode Island Bank Gives SBA Loan to Chemical Product And Preparation Manufacturing CompanyWant to talk with a Providence, Rhode Island bank about an SBA loan? Here's one Michigan business loan, issued by a Providence bank, that was approved by the SBA. Applying for an SBA loan with Rbs Citizens worked out well for our friends at one local company in Detroit, Michigan. The business was able to get an SBA loan for $1,095,000. Awesome! SBA Loan Borrower COMPANY TYPE: CHEMICAL PRODUCT AND PREPARATION MANUFACTURING SBA Loan Lender RBS CITIZENS SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 325998 - Chemical Product and Preparation Manufacturing Loan Approval Date 5/17/2002 Loan Approval Gross Amount $1,095,000 Loan Approval from the SBA Of the total $1,095,000 loan amount, the SBA guaranteed $821,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 22 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Realistic Debt Financing Options Best Banks for Small Business in Providence, Rhode Island
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