Get an SBA Loan for Personal and Household Goods Repair and Maintenance

Looking for small business loans for personal and household goods repair and maintenance? Talk to a banker who works with the SBA. This $50,000 personal and household goods repair and maintenance loan was issued by a Connecticut bank.

This company knew how to go about getting a business bank loan. Based in Lebanon, Connecticut, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Savings Inst. Bank & Trust, based in Willimantic, Connecticut.

SBA Loan Borrower

COMPANY TYPE: PERSONAL AND HOUSEHOLD GOODS REPAIR AND MAINTENANCE
LEBANON, CT 06249

SBA Loan Lender

SAVINGS INST. BANK & TRUST
803 MAIN ST
WILLIMANTIC, CT 06226

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

811490 - Personal and Household Goods Repair and Maintenance

Loan Approval Date

8/16/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you have been wondering how do i get money to start a business in Lebanon CT, you ought to talk with a local Lebanon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lebanon 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 $50,000 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:

The Friends and Family Network

Small Business Banks in Willimantic, Connecticut

Browse All Business Loan Sources for Connecticut