Loans for Information Services

Looking for loans for information services? The SBA may be the answer. This $250,000 information services loan was issued by a Connecticut bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Norwalk, Connecticut was able to borrow $250,000 from First County Bank. The SBA made the loan possible by guaranteeing $187,500 of this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
NORWALK, CT 06851

SBA Loan Lender

FIRST COUNTY BANK
2950 SUMMER ST
STAMFORD, CT 06905

This lender issued this SBA loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7389 - Business Services

NAICS Code

514199 - Information Services

Loan Approval Date

11/26/2001

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 12 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start business in Norwalk CT, you ought to talk with a local Norwalk SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Norwalk businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Obtaining Funding From a Venture Capitalist

SBA Banks in Stamford, Connecticut

Getting a Business Loan in Connecticut