Sporting and Athletic Goods Manufacturing Small Business Loans

Looking for small business loans for sporting and athletic goods manufacturing? An SBA loan may be just what you've been looking for. This $180,000 sporting and athletic goods manufacturing loan was issued by a Connecticut bank.

This company knew how to go about getting a business bank loan. Based in Mystic, Connecticut, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Wachovia Bank, based in New Haven, Connecticut.

SBA Loan Borrower

COMPANY TYPE: SPORTING AND ATHLETIC GOODS
MYSTIC, CT 06355

SBA Loan Lender

WACHOVIA BANK
47 CHURCH ST
NEW HAVEN, CT 06510

This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3949 - Sporting and Athletic Goods

NAICS Code

339920 - Sporting and Athletic Goods Manufacturing

Loan Approval Date

9/27/2000

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $162,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 16 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you need business start up money in Mystic CT, you ought to talk with a local Mystic SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mystic businesses.

We can help you find the best banks for small businesses in Mystic or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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 New Haven, Connecticut

SBA Lenders in Connecticut