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November 15, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Milford, Connecticut and We Got One!

 

 
Loan Census SBA Loan Info

Financing for Quick Printing

With these commercial loans for quick printing, the SBA guarantees the lender that the loan will be repaid. This quick printing loan for $500,000 was given to a Connecticut entrepreneur in 2004.

This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Rbs Citizens, out of New Haven, Connecticut. The loan was granted and they received $500,000 to help grow their Milford, Connecticut business.

SBA Loan Borrower

COMPANY TYPE: QUICK PRINTING
MILFORD, CT 06460

SBA Loan Lender

RBS CITIZENS
209 CHURCH ST
NEW HAVEN, CT 06510

This bank loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

6/14/2004

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 6 employees. The SBA loan documents did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $500,000 loan. Remember, you control your own destiny.

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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