Connecticut Business Loan Issued to Landscaping Services Company
Looking to get a Connecticut bank loan? This Connecticut entrepreneur got a bank loan, provided by a Rhode Island bank that works with the SBA to help small business owners.
Getting a small business loan in Redding (redding Center), Connecticut was a top priority for this loan applicant back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bank Of America. Here are the details on this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
REDDING (REDDING CENTER), CT 06896
SBA Loan Lender
BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903
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
561730 - Landscaping Services
Loan Approval Date
8/9/2001
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Redding (redding Center) 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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