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May 16, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Cranston, Business Loans > Coastway Cu Cranston Business Loans > Garment Pressing And Cleaners Agents For Laundries Loan | ||||
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Johnston SBA Loans
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Rhode Island SBA Loan Issued to Garment Pressing And Cleaners Agents For Laundries CompanyRhode IslandSmall business loans are available to Rhode Island small business owners through the SBA. In this case, a Rhode Island bank provides the loan. Getting a small business loan in Johnston, Rhode Island was a top priority for this small company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Coastway Cu. Here are the details on this Rhode Island small business loan. SBA Loan Borrower COMPANY TYPE: GARMENT PRESSING AND CLEANERS AGENTS FOR LAUNDRIES SBA Loan Lender COASTWAY CU The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide SBA loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7212 - Garment Pressing and Cleaners Agents for Laundries NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 6/14/2002 Loan Approval Gross Amount $180,000 Loan Approval from the SBA Of the total $180,000 loan amount, the SBA guaranteed $135,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. 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: Best Banks for Small Business in Cranston, Rhode Island
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