Ridgefield, Connecticut Bank Gives SBA Loan to Special Trade Contractors Company
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Fairfield County Bank Corp is a Ridgefield, Connecticut small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Connecticut company.
SBA Loan Borrower
COMPANY TYPE: SPECIAL TRADE CONTRACTORS
NORWALK, CT 06854
SBA Loan Lender
FAIRFIELD COUNTY BANK CORP
374 MAIN ST
RIDGEFIELD, CT 06877
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
235990 - Special Trade Contractors
Loan Approval Date
2/23/2007
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
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 20 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
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SBA loans provide money to small business owners for working capital for other expenses.
We can help you find the best banks for small businesses in Norwalk 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.
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