Hartford, Connecticut Lender Lends Money to Eating Places Company

Thinking about meeting with a Hartford, Connecticut bank about a small business loan? Here's one Connecticut business loan, issued by a Hartford bank, that was approved by the SBA.

Applying for an SBA loan with Business Lenders, LLC worked out well for our friends at one local business in Plainville, Connecticut. They got an SBA loan for $200,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: EATING PLACES
PLAINVILLE, CT 06062

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

Loan Approval Date

6/13/2000

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Business Lenders, LLC are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Understanding Dilution

SBA 7A Banks for Hartford, Connecticut Loans

Connecticut SBA Bank Lenders