Tango Pix one of first recipients of loan that requires job creation

Tango Pix has been able to expand quickly in part due to the Job Foundation Loan Program for RI

Under Sovereign Bank's Job Foundation Loan Program for RI, small businesses that commit to creating new jobs get special terms and below-market rates.  Citizens Bank has a similar program.

Starting with 4 people in July, Tango Pix is now up to 12 workers and Worden said he envisions adding 6 more next year as the company bids for work from clients around the country.

Full Story: Sovereign eyes future of R.I. jobs with targeted loan program Source: Providence Journal, December 13th, 2005

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