OTEC USA, Inc.
OTEC USA, Inc. is located in North Kingstown, RI, and the SBA lists its industry as Electroplating, Plating, Polishing, Anodizing, and Coloring. It was approved for an SBA 7(a) loan of $800,000 for a change of ownership on October 8, 2024.
- Business type
- Corporation
- Business age reported
- Change of Ownership
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| Oct 8, 2024 | $800,000 | $600,000 | Beacon Bank and Trust | 10 years | 7.8% fixed | 10 | Status not reported (SBA exemption) |
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