New Haven, Connecticut Business Gets SBA-Guaranteed Funding from Rbs Citizens
An SBA loan from Rbs Citizens typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a New Haven, Connecticut business owner got a $15,000 loan.
This growing company knew how to go about getting a business bank loan. Based in New Haven, Connecticut, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Rbs Citizens, based in New London, Connecticut.
SBA Loan Borrower
COMPANY TYPE: NURSING CARE FACILITIES
NEW HAVEN, CT 06513
SBA Loan Lender
RBS CITIZENS
63 EUGENE O'NEILL DR
NEW LONDON, CT 06320
This lender processed this business 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
623110 - Nursing Care Facilities
Loan Approval Date
12/4/2002
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $7,500.
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 16 employees. The loan application indicated that the loan would help retain 16 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We can help you find the best banks for small businesses in New Haven 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:
Realistic Debt Financing Options
Best Banks in New London, Connecticut
Connecticut SBA Banks