Connecticut Business Loan Issued to Florists Company

ConnecticutBank loans are available to Connecticut firms through the SBA. In this case, a Connecticut bank provides the loan.

Getting a small business loan in Southbury, Connecticut was a top priority for this loan applicant back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Webster Bank. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
SOUTHBURY, CT 06488

SBA Loan Lender

WEBSTER BANK
80 ELM ST
NEW HAVEN, CT 06510

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

453110 - Florists

Loan Approval Date

2/5/2004

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Southbury CT, you ought to talk with a local Southbury SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Southbury businesses.

We can help you find the best banks for small businesses in Southbury 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.

Related Links:

Famous Venture Capitalists

SBA Banks in New Haven, Connecticut

Getting a Business Loan in Connecticut