How to Get a Loan for Commercial and Institutional Building Construction

Looking for commercial loans for commercial and institutional building construction? Talk to a banker who works with the SBA. This $175,000 commercial and institutional building construction loan was issued by a Connecticut bank.

Getting a small business loan in Norwalk, Connecticut was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Fairfield County Bank Corp, operating out of Ridgefield, Connecticut. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL AND INSTITUTIONAL BUILDING CONSTRUCTION
NORWALK, CT 06854

SBA Loan Lender

FAIRFIELD COUNTY BANK CORP
374 MAIN ST
RIDGEFIELD, CT 06877

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

233320 - Commercial and Institutional Building Construction

Loan Approval Date

6/1/2005

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $87,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 40 employees. The loan application indicated that the loan would help retain 40 existing jobs.

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

If you are raising money 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.

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