Loan Census Banking News and Information
June 1, 2024  
 
 
  Business Loan Information  
 

We Needed a Commercial Loan in East Providence, Rhode Island and We Got One!

 

 
Loan Census SBA Loan Info

Real Estate Agents and Brokers SBA Loans

Looking for SBA loans for real estate agents and brokers? Try the SBA. This $80,000 real estate agents and brokers loan was issued by a Rhode Island bank.

This small business knew how to go about getting a business bank loan. Based in East Providence, Rhode Island, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Rbs Citizens, based in Providence, Rhode Island.

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE AGENTS AND BROKERS
EAST PROVIDENCE, RI 02914

SBA Loan Lender

RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903

This debt financing 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

531210 - Real Estate Agents and Brokers

Loan Approval Date

2/22/2005

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $40,000.

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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in East Providence RI, you ought to talk with a local East Providence SBA lender or talk with an out-of-area SBA lender that has previously loaned money to East Providence businesses.

We can help you find the best banks for small businesses in East Providence 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:

How Much Venture Capital Is There?

Where to Get an SBA Loan in Providence, Rhode Island

Find an SBA Lender in Rhode Island