Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

New Canaan (town Of), Connecticut Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Case Handyman Services Franchise Issued By Fairfield County Bank Corp

Borrowing money to purchase a Case Handyman Services franchise? Fairfield County Bank Corp has a history of making these loans and they are guaranteed by the SBA.

If you live near New Canaan (town Of), Connecticut and are interested in buying a Case Handyman Services franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2005 by Fairfield County Bank Corp. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

CASE HANDYMAN SERVICES
NEW CANAAN (TOWN OF), CT 06840

SBA Loan Lender

FAIRFIELD COUNTY BANK CORP
374 MAIN ST
RIDGEFIELD, CT 06877

This lender processed this 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

235990 - Special Trade Contractors

Loan Approval Date

2/14/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Case Handyman Services franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help create 5 new jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Case Handyman Service

Understanding Dilution

SBA 7A Lenders in Ridgefield, Connecticut

SBA Connecticut Banks