SBA lending record
Plato's Closet Warwick
399 Bald Hill Road, Warwick, RI · Used Merchandise Retailers. 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
FY2024
On record
20
Jobs supported
Franchise brand
Plato's Closet
See Plato's Closet's SBA financing data — typical deal, failure rate, and how its loans perform →
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The loan
$250,000 — FY2024
- Gross approval
- $250,000
- SBA guaranteed
- $187,500 (75%)
- Status
- Current
- Rate at approval
- 11% f
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/15/2024
- First disbursement
- 5/1/2024
- Days to fund
- 76 days
- Collateral
- Required
- Jobs supported
- 20
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Used Merchandise Retailers
- NAICS code
- 459510
- Franchise
- Plato's Closet
- Franchise code
- S1327
- Lender
- Westerly Community CU
- Address
- 399 Bald Hill Road
- City
- Warwick
- County
- Kent
- SBA district office
- RHODE ISLAND DISTRICT OFFICE
- Congressional district
- 2
The lender
Westerly Community CU
1 loan to this businessFind SBA lenders for businesses like this
The banks most active funding used merchandise retailers — by location, industry, and brand.
Other Plato's Closet locations
Other Plato's Closet businesses in the public SBA record — closest first, by location and deal size.
TJC22 LLC
Commack, NY· ~113 mi
Plato's Closet
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Gleeson Ventures LLC
Monroeville, PA· ~442 mi
Plato's Closet
- $345K
- SBA financing
- ≈ $676K–$1.1M
- Est. revenue (rough)
The Landing Management Group, Inc.
Newark, DE· ~266 mi
Plato's Closet
- $445K
- SBA financing
- ≈ $873K–$1.5M
- Est. revenue (rough)
Green Dragonfly LLC
Greensboro, NC· ~593 mi
Plato's Closet
- $298K
- SBA financing
- ≈ $584K–$974K
- Est. revenue (rough)
MJ and Pops LLC
Columbia, SC· ~743 mi
Plato's Closet
- $347K
- SBA financing
- ≈ $680K–$1.1M
- Est. revenue (rough)
Dynamic Exchange, LLC
Libertyville, IL· ~845 mi
Plato's Closet
- $330K
- SBA financing
- ≈ $647K–$1.1M
- Est. revenue (rough)
Similar businesses
Comparable used merchandise retailers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Once Upon A Child
Seekonk, MA· ~9 mi
Once Upon A Child
- $373K
- SBA financing
- ≈ $731K–$1.2M
- Est. revenue (rough)
Youngturk, Inc.
Arlington, MA· ~51 mi
Used Merchandise Retailers
- $218K
- SBA financing
- ≈ $428K–$713K
- Est. revenue (rough)
Heil Enterprise LLC
Portland, CT· ~61 mi
Used Merchandise Retailers
- $218K
- SBA financing
- ≈ $428K–$713K
- Est. revenue (rough)
Phillip Salmon & Company Rare Books LLC
Boston, MA· ~48 mi
Used Merchandise Retailers
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
VIVANT VINTAGE LLC
Allston, MA· ~47 mi
Used Merchandise Retailers
- $450K
- SBA financing
- ≈ $882K–$1.5M
- Est. revenue (rough)
Marble Management, LLC
Pawtucket, RI· ~13 mi
Used Merchandise Retailers
- $50K
- SBA financing
- ≈ $98K–$163K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Plato's Closet Warwick in Warwick, RI (Used Merchandise Retailers). CapBench 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 FY2024
- 20 jobs supported
- Industry: Used Merchandise Retailers
- Location: Warwick, RI
- Lender: Westerly Community CU
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Used Merchandise Retailers businesses in RI for ~$250k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Plato's Closet Warwick.