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December 19, 2024  
 
 
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Getting Commercial Loans in Candlewood Hill, Connecticut

 

 
Loan Census SBA Loan Info

Candlewood Hill, Connecticut Entrepreneur Gets a Small Business Loan

Want a Connecticut bank loan? This Connecticut entrepreneur got a bank loan, provided by a Connecticut bank that works with the SBA to help small business owners.

Getting a small business loan in Candlewood Hill, Connecticut was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
CANDLEWOOD HILL, CT 06412

SBA Loan Lender

RBS CITIZENS
63 EUGENE O'NEILL DR
NEW LONDON, CT 06320

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

541330 - Engineering Services

Loan Approval Date

8/16/2001

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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.

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