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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Stamford, Business Loans > First County Bank Stamford Business Loans > Blankbook, Looseleaf Binders, And Devices Manufacturing Loan | ||||
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First County Bank
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Business Loan from First County Bank Given to Blankbook, Looseleaf Binders, And Devices Manufacturing CompanyFirst County Bank has a track record as a leading provider of SBA loans. Find out how this Connecticut entrepreneur received an SBA loan from them. This growing company knew how to go about getting a business bank loan. Based in Norwalk, Connecticut, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was First County Bank, based in Stamford, Connecticut. SBA Loan Borrower COMPANY TYPE: BLANKBOOK, LOOSELEAF BINDERS, AND DEVICES MANUFACTURING SBA Loan Lender FIRST COUNTY BANK 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 323118 - Blankbook, Looseleaf Binders, and Devices Manufacturing Loan Approval Date 6/22/2004 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $35,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 for Small Business in Stamford, Connecticut Getting an SBA Loan in Connecticut
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