Tag: Community Investment Corp.
SBA reports ‘banner’ year of 504 loans for R.I. small businesses
PROVIDENCE – The U.S. Small Business Administration reported its highest-ever fixed-assets funding for Rhode Island small businesses for the year that ended Sept. 30,...
R.I. Commerce approves $650K for small-business loan program
PROVIDENCE – R.I. Commerce Corp. on Tuesday announced $650,000 in small-business loans to be distributed via partner lending organizations.
The fiscal 2023 funding for the...
Governor’s panel discusses strategies for aiding state’s small businesses
PROVIDENCE – A panel of business leaders discussed potential strategies aimed at aiding the state's small businesses on Facebook live on Thursday.
The discussion was...
SBA honors R.I. small-business lenders of the year
LINCOLN – Four banks and two business finance firms in Rhode Island were honored as exemplary lenders to small businesses by the U.S. Small...
Risk-taking propels Mikel’s can-do CEO
WHEN IT COMES TO RUNNING A BUSINESS, failure is not an option for Kelly Mendell, president of MIKEL Inc. in Middletown.
That’s according to Mark...
SBA-backed loans in R.I. decline in first half of fiscal 2018
PROVIDENCE — Halfway through the current fiscal year, the U.S. Small Business Administration has guaranteed 7.5 percent less in loans to local businesses, even...
Commerce RI state SMB program has backed loans worth $600,000 so...
PROVIDENCE – A program to inject capital into some Rhode Island small businesses is picking up momentum, according to the R.I. Commerce Corp. Created...