Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

New Britain, Connecticut Bank Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Residential Remodelers

Looking for SBA loans for residential remodelers? An SBA loan may be just what you've been looking for. This $25,000 residential remodelers loan was issued by a Connecticut bank.

This business knew how to go about getting a business bank loan. Based in New Britain, Connecticut, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Webster Bank, based in Waterbury, Connecticut.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL REMODELERS
New Britain, CT 06051

SBA Loan Lender

WEBSTER BANK
145 BANK ST
WATERBURY, CT 06702

This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

236118 - Residential Remodelers

Loan Approval Date

2/28/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Business Credit Evaluation

Banks in Waterbury, Connecticut

SBA Lenders in Connecticut