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November 15, 2024  
 
 
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Bank Of America

 

 
Loan Census SBA Loan Info

Bank Of America SBA Loan to Environmental Consulting Services Company

Bank Of America has a track record as a leading provider of SBA loans. Find out how this Connecticut entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Shelton, Connecticut was able to borrow $100,000 from Bank Of America. The SBA made the loan possible by guaranteeing $50,000 of this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: ENVIRONMENTAL CONSULTING SERVICES
SHELTON, CT 06484

SBA Loan Lender

BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

541620 - Environmental Consulting Services

Loan Approval Date

4/3/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 22 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 25 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Shelton CT, you ought to talk with a local Shelton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Shelton businesses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of America so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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