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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Mclean, Business Loans > Capital One Mclean Business Loans > Structural Steel And Precast Concrete Contractors Loan | ||||
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I Need a Business Loan in New Britain, Connecticut
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Structural Steel and Precast Concrete Contractors Commercial LoansLooking for commercial loans for structural steel and precast concrete contractors? Try the SBA. This $50,000 structural steel and precast concrete contractors loan was issued by a Virginia bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Britain, Connecticut was able to borrow $50,000 from Capital One. The SBA made the loan possible by guaranteeing $25,000 of this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: STRUCTURAL STEEL AND PRECAST CONCRETE CONTRACTORS SBA Loan Lender CAPITAL ONE This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 238120 - Structural Steel and Precast Concrete Contractors Loan Approval Date 5/19/2006 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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! If you are wondering how to raise money for a business 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. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Capital One are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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: Find an SBA Lender in Mclean, Virginia
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