Get an SBA Loan for Crushed and Broken Limestone Mining

Looking for small business loans for crushed and broken limestone mining? The SBA may be the answer. This $110,000 crushed and broken limestone mining loan was issued by a Rhode Island bank.

Getting a small business loan in Canterbury, Connecticut was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Washington Tr Co - Westerly, operating out of Providence, Rhode Island. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: CRUSHED AND BROKEN LIMESTONE MINING
CANTERBURY, CT 06331

SBA Loan Lender

WASHINGTON TR CO - WESTERLY
180 WASHINGTON ST
PROVIDENCE, RI 02903

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

212312 - Crushed and Broken Limestone Mining

Loan Approval Date

3/9/2001

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

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 6 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you have been wondering how do i get money to start a business in Canterbury CT, you ought to talk with a local Canterbury SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Canterbury businesses.

While you may be able to borrow money from friends and family, 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.

Related Links:

Borrowing Money from Friends and Family

Small Business Banks in Providence, Rhode Island

SBA Lenders in Rhode Island