Entrepreneur Works With Hartford, Connecticut Bank to Get an SBA Loan
Thinking about meeting with a Hartford, Connecticut bank about a small business loan? Here's one Virginia business loan, issued by a Hartford bank, that was approved by the SBA.
Applying for an SBA loan with Business Lenders, LLC worked out well for our friends at one local company in Dublin, Virginia. They got an SBA loan for $657,000. Great job!
SBA Loan Borrower
COMPANY TYPE: DENTISTS
DUBLIN, VA 24084
SBA Loan Lender
BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
621210 - Dentists
Loan Approval Date
10/17/2007
Loan Approval Gross Amount
$657,000
Loan Approval from the SBA
Of the total $657,000 loan amount, the SBA guaranteed $492,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 8 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 7 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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.
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