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November 14, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Las Vegas, Business Loans > Citibank Las Vegas Business Loans > Personal Care Services Loan | ||||
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Small Business Banks That Lend to Connecticut Entrepreneurs
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Growing Company Gets a Connecticut Bank LoanBank loans in Connecticut are hard to find these days. We take a look at one Connecticut bank loan, provided by a Nevada bank, that was approved by the SBA. Getting a small business loan in Rocky Hill (town Of), Connecticut was a top priority for this loan applicant back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Citibank. Here are the details on this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: PERSONAL CARE SERVICES SBA Loan Lender CITIBANK 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 812199 - Personal Care Services Loan Approval Date 2/1/2008 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $5,000. 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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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: Borrowing Money from Friends and Family Good Banks for Small Business in Las Vegas, Nevada
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