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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > New Britain, Business Loans > Webster Bank New Britain Business Loans > Manufacturing Loan | ||||
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I Need a Business Loan in Bridgeport, Connecticut
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Financing for ManufacturingLooking for commercial loans for manufacturing? Talk to a banker who works with the SBA. This $240,000 manufacturing loan was issued by a Connecticut bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bridgeport, Connecticut was able to borrow $240,000 from Webster Bank. The SBA made the loan possible by guaranteeing $180,000 of this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: MANUFACTURING SBA Loan Lender WEBSTER BANK This bank loan was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339999 - Manufacturing Loan Approval Date 10/31/2005 Loan Approval Gross Amount $240,000 Loan Approval from the SBA Of the total $240,000 loan amount, the SBA guaranteed $180,000. 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 33 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Banking Deregulation's Effects on Entrepreneurship Best New Britain, Connecticut Banks for Small Business Getting an SBA Loan in Connecticut
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