Getting an SBA Loan for Printing Machinery and Equipment Manufacturing

With these business loans for printing machinery and equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This printing machinery and equipment manufacturing loan for $75,000 was given to a Connecticut entrepreneur in 2002.

Getting a small business loan in Branford, Connecticut was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Webster Bank, operating out of New Haven, Connecticut. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: PRINTING MACHINERY AND EQUIPMENT MANUFACTURING
BRANFORD, CT 06405

SBA Loan Lender

WEBSTER BANK
80 ELM ST
NEW HAVEN, CT 06510

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

333293 - Printing Machinery and Equipment Manufacturing

Loan Approval Date

6/20/2002

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 15 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 15 existing jobs.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

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Best New Haven, Connecticut Banks for Small Business

Getting an SBA Loan in Connecticut