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April 27, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Westerly, Business Loans > Westerly Community Cu Westerly Business Loans > Solid Waste Collection Loan | ||||
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Banks in Rhode Island
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Loans for Solid Waste CollectionWith these loans for solid waste collection, the SBA guarantees the lender that the loan will be repaid. This solid waste collection loan for $250,000 was given to a Rhode Island entrepreneur in 2005. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Westerly (census Name Westerly, Rhode Island was able to borrow $250,000 from Westerly Community Cu. The SBA made the loan possible by guaranteeing $125,000 of this Rhode Island small business loan. SBA Loan Borrower COMPANY TYPE: SOLID WASTE COLLECTION SBA Loan Lender WESTERLY COMMUNITY CU This lender processed this SBA loan 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 562111 - Solid Waste Collection Loan Approval Date 4/26/2005 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $125,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 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. We can help you find the best banks for small businesses in Westerly (census Name Westerly 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: Dealing With Venture Capitalists Best Banks in Westerly, Rhode Island
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