Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

New Britain, Connecticut Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Beer, Wine, and Liquor Stores Commercial Loans

With these commercial loans for beer, wine, and liquor stores, the SBA guarantees the lender that the loan will be repaid. This beer, wine, and liquor stores loan for $30,000 was given to a Connecticut entrepreneur in 2007.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Webster Bank, out of Waterbury, Connecticut. The loan was granted and they received $30,000 to help grow their New Britain, Connecticut business.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
NEW BRITAIN, CT 06053

SBA Loan Lender

WEBSTER BANK
145 BANK ST
WATERBURY, CT 06702

This lender processed this debt financing 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

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

11/27/2007

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

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

If you are raising money in New Britain CT, you ought to talk with a local New Britain SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New Britain businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Understanding Dilution

Best Banks in Waterbury, Connecticut

Getting an SBA Loan in Connecticut