Entrepreneur Works With Waterbury, Connecticut Bank to Get an SBA Loan
Get business loans from a Waterbury, Connecticut bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Webster Bank is a Waterbury, Connecticut small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Connecticut company.
SBA Loan Borrower
COMPANY TYPE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPISTS, AND AUDIOLOGISTS
Enfield, CT 06082
SBA Loan Lender
WEBSTER BANK
145 BANK ST
WATERBURY, CT 06702
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
621340 - Physical, Occupational and Speech Therapists, and Audiologists
Loan Approval Date
10/11/2005
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $35,000.
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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you are working on finding money to start a business in Enfield CT, you ought to talk with a local Enfield SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Enfield businesses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Webster Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
The Art of Bootstrapping
SBA Approved Banks in Waterbury, Connecticut
SBA Connecticut Banks