New Haven, Connecticut Bank Lends Money to Lawyers Company in Fairfield (town Of), Connecticut

Find New Haven, Connecticut banks that specialize in business loans and know how to work with entrepreneurs. Bank - Southern Connecticut is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Fairfield (town Of), Connecticut starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Bank - Southern Connecticut. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: LAWYERS
FAIRFIELD (TOWN OF), CT 06820

SBA Loan Lender

BANK - SOUTHERN CONNECTICUT
215 CHURCH ST
NEW HAVEN, CT 06510

This lender processed this business 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

541110 - Lawyers

Loan Approval Date

6/11/2007

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank - Southern Connecticut that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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