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May 4, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Cranston, Business Loans > Coastway Cu Cranston Business Loans > Kitchen Tune-Up Loan | ||||
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Tips for Financing a Franchise
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Loan to Buy Kitchen Tune Up Franchise Issued By Coastway CuBorrowing money to purchase a Kitchen Tune Up franchise? Coastway Cu has a history of making these loans and they are guaranteed by the SBA. Kitchen Tune Up franchise loans are available to West Kingston (kingston (sta.), Rhode Island entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Coastway Cu, based in Cranston, Rhode Island, issued an SBA franchise loan for a Kitchen Tune Up franchise in 2006. We've got all the details on this Rhode Island small business loan. SBA Loan Borrower KITCHEN TUNE-UP SBA Loan Lender COASTWAY CU This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 238990 - Specialty Trade Contractors Loan Approval Date 12/13/2006 Loan Approval Gross Amount $8,500 Loan Approval from the SBA Of the total $8,500 loan amount, the SBA guaranteed $4,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Kitchen Tune Up franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $8,500 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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 Getting a Business Loan in Rhode Island
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