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May 6, 2024  
 
 
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SBA Franchise Financing Lender Lincoln Rhode Island

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Super Suppers Franchise

Need money to invest in a Super Suppers franchise? Bank Rhode Island has a history of making these loans and they are guaranteed by the SBA.

Super Suppers franchise loans are available to Lincoln, Rhode Island entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Rhode Island, based in Providence, Rhode Island, issued an SBA franchise loan for a Super Suppers franchise in 2007. We've got all the details on this Rhode Island small business loan.

SBA Loan Borrower

SUPER SUPPERS
LINCOLN, RI 02865

SBA Loan Lender

BANK RHODE ISLAND
ONE TURKS HEAD PLACE
PROVIDENCE, RI 02903

This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

722310 - Food Service Contractors

Loan Approval Date

7/25/2007

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $22,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Super Suppers franchise. At the time of the loan, the company had 10 employees. The loan application indicated that the borrowed money would help generate 1 new job.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We can help you find the best banks for small businesses in Lincoln or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Super Suppers

Startup Funding Tip

Best Providence, Rhode Island Banks for Small Business

Rhode Island SBA Banks