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May 5, 2024 |
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| Home > Small Business Lenders by State > Delaware Business Loan Sources > Providence, Business Loans > Rbs Citizens Providence Business Loans > Painting And Wall Covering Contractors Loan | ||||
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Tips for Businesses On Getting a Loan
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Small Business Loans for Painting and Wall Covering ContractorsLooking for small business loans for painting and wall covering contractors? An SBA loan may be just what you've been looking for. This $40,800 painting and wall covering contractors loan was issued by a Rhode Island bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Rbs Citizens, out of Providence, Rhode Island. The loan was granted and they received $40,800 to help grow their Lewes, Delaware business. SBA Loan Borrower COMPANY TYPE: PAINTING AND WALL COVERING CONTRACTORS SBA Loan Lender RBS CITIZENS The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 238320 - Painting and Wall Covering Contractors Loan Approval Date 6/30/2004 Loan Approval Gross Amount $40,800 Loan Approval from the SBA Of the total $40,800 loan amount, the SBA guaranteed $20,400. 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 18 employees. The loan application indicated that the loan would help retain 18 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Rbs Citizens and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Accountant's Role in Securing Financing Who Lends Money to Small Businesses in Providence, Rhode Island Browse All Business Loan Sources for Rhode Island
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