Meriden, Connecticut Entrepreneur Gets a Business Loan
SBA loans in Connecticut are tough to come by these days. We take a look at one Connecticut SBA loan, provided by a Rhode Island bank, that was approved by the SBA.
Getting a small business loan in Meriden, Connecticut was a top priority for this particular business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens. Here are the details on this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES
MERIDEN, CT 06450
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
This lender processed this SBA 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
812320 - Drycleaning and Laundry Services
Loan Approval Date
3/29/2002
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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 Credit Evaluation
SBA Banks in Providence, Rhode Island
Rhode Island SBA 7A Lenders