Loan Census Banking News and Information
December 19, 2024  
 
 
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Webster Bank Commercial Loans

 

 
Loan Census SBA Loan Info

Temporary Help Services Bank Loans

With these bank loans for temporary help services, the SBA guarantees the lender that the loan will be repaid. This temporary help services loan for $250,000 was given to a Connecticut entrepreneur in 2003.

Getting a small business loan in East Windsor Hill, Connecticut was important for this company back in 2003 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: TEMPORARY HELP SERVICES
EAST WINDSOR HILL, CT 06088

SBA Loan Lender

WEBSTER BANK
80 ELM ST
NEW HAVEN, CT 06510

This lender processed this bank 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

561320 - Temporary Help Services

Loan Approval Date

9/17/2003

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 22 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 22 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in East Windsor Hill CT, you ought to talk with a local East Windsor Hill SBA lender or talk with an out-of-area SBA lender that has previously loaned money to East Windsor Hill businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $250,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Business Incubators

Good Banks for Small Business in New Haven, Connecticut

Connecticut SBA Bank Lenders