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May 13, 2024  
 
 
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Raising Money in North Kingstown, Rhode Island With SBA Loans

 

 
Loan Census SBA Loan Info

Business Loans for Physical, Occupational and Speech Therapists, and Audiologists

Looking for business loans for physical, occupational and speech therapists, and audiologists? Talk to a banker who works with the SBA. This $45,600 physical, occupational and speech therapists, and audiologists loan was issued by a Rhode Island bank.

Getting a small business loan in North Kingstown, Rhode Island was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bank Of America, operating out of North Kingstown, Rhode Island. Here are the details on this Rhode Island small business loan.

SBA Loan Borrower

COMPANY TYPE: HEALTH PRACTITIONER OFFICE OR CLINIC
NORTH KINGSTOWN, RI 02852

SBA Loan Lender

BANK OF AMERICA
6725 POST RD RTE 1
NORTH KINGSTOWN, RI 02852

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8049 - Health Practitioner Office or Clinic

NAICS Code

621340 - Physical, Occupational and Speech Therapists, and Audiologists

Loan Approval Date

1/29/2001

Loan Approval Gross Amount

$45,600

Loan Approval from the SBA

Of the total $45,600 loan amount, the SBA guaranteed $38,760.

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 2 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $45,600 loan. Remember, fight for what you want, and it will be yours!

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.

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