Ncb, Fsb SBA Loan to Coastal And Great Lakes Passenger Transportation Company

Ncb, Fsb has a track record as a leading provider of SBA loans. Find out how this Connecticut entrepreneur received an SBA loan from them.

Getting a small business loan in Norwalk, Connecticut was an essential business goal for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Ncb, Fsb, operating out of Hillsboro, Ohio. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: COASTAL AND GREAT LAKES PASSENGER TRANSPORTATION
NORWALK, CT 06850

SBA Loan Lender

NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

483114 - Coastal and Great Lakes Passenger Transportation

Loan Approval Date

1/11/2002

Loan Approval Gross Amount

$305,000

Loan Approval from the SBA

Of the total $305,000 loan amount, the SBA guaranteed $228,750.

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 10 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.

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.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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 - Getting Venture Capital

SBA 7A Banks for Hillsboro, Ohio Loans

Ohio SBA Bank Lenders