How to Get a Loan for General Freight Trucking, Local
Looking for SBA loans for general freight trucking, local? An SBA loan may be just what you've been looking for. This $295,650 general freight trucking, local loan was issued by a Connecticut bank.
Getting a small business loan in Portland (town Of), 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 People's United Bank, operating out of Bridgeport, Connecticut. Here are the details on this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
PORTLAND (TOWN OF), CT 06480
SBA Loan Lender
PEOPLE'S UNITED BANK
850 MAIN ST
BRIDGEPORT, CT 06604
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
484110 - General Freight Trucking, Local
Loan Approval Date
5/13/2005
Loan Approval Gross Amount
$295,650
Loan Approval from the SBA
Of the total $295,650 loan amount, the SBA guaranteed $221,737.
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. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a business in Portland (town Of) CT, you ought to talk with a local Portland (town Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Portland (town Of) businesses.
This SBA loan was for $295,650. How would you spend $295,650 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
How Equity Dilution Works
SBA Approved Banks in Bridgeport, Connecticut
Browse All Business Loan Sources for Connecticut