Services to Buildings and Dwellings Business Loans
Looking for business loans for services to buildings and dwellings? Talk to a banker who works with the SBA. This $75,000 services to buildings and dwellings loan was issued by a Connecticut bank.
This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Newtown Savings Bank, out of Newtown, Connecticut. The loan was granted and they received $75,000 to help grow their Bethel (town Of), Connecticut business.
SBA Loan Borrower
COMPANY TYPE: SERVICES TO BUILDINGS AND DWELLINGS
BETHEL (TOWN OF), CT 06801
SBA Loan Lender
NEWTOWN SAVINGS BANK
39 MAIN ST
NEWTOWN, CT 06470
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561790 - Services to Buildings and Dwellings
Loan Approval Date
3/8/2007
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you need money to start business in Bethel (town Of) CT, you ought to talk with a local Bethel (town Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bethel (town Of) businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Newtown Savings Bank and they will explain how you can get an SBA loan for your company.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Understanding Dilution
SBA Approved Banks in Newtown, Connecticut
Connecticut SBA Banks