PROPEL, LLC

999 MAIN ST, UNIT 106, Pawtucket, RI · Other Specialized Design Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$250K

Total SBA financing

1

Loan on record

FY2020

On record

—

Jobs supported

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The loan

$250,000 — FY2020

Gross approval: $250,000
SBA guaranteed: $125,000 (50%)
Status: Paid in full
Rate at approval: 5.25% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/16/2020
First disbursement: 7/31/2020
Days to fund: 15 days
Paid in full: 7/31/2025
Collateral: Required
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Other Specialized Design Services
NAICS code: 541490
Lender: Beacon Bank and Trust
Address: 999 MAIN ST, UNIT 106
City: Pawtucket
County: Providence
SBA district office: RHODE ISLAND DISTRICT OFFICE
Congressional district: 1

The lender

Beacon Bank and Trust

1 loan to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for PROPEL, LLC in Pawtucket, RI (Other Specialized Design Services). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $250K
On record FY2020
Industry: Other Specialized Design Services
Location: Pawtucket, RI
Lender: Beacon Bank and Trust

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Specialized Design Services businesses in RI for ~$250k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/propel-llc-ri
API:: https://dealroom.so/api/public/businesses/propel-llc-ri
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with PROPEL, LLC.