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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Providence, Business Loans > Bank Of America Providence Business Loans > Concrete Work Loan | ||||
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Rhode Island Bank SBA Loans
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Bank Of America SBA Loan to Concrete Work CompanyWant a Connecticut SBA loan? Here's one Connecticut business loan that was approved by the SBA. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Stamford, Connecticut was able to borrow $98,000 from Bank Of America. The SBA made the loan possible by guaranteeing $49,000 of this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: CONCRETE WORK SBA Loan Lender BANK OF AMERICA This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. SIC Code 1771 - Concrete Work Loan Approval Date 3/10/2000 Loan Approval Gross Amount $98,000 Loan Approval from the SBA Of the total $98,000 loan amount, the SBA guaranteed $49,000. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Getting an SBA Loan For Your Business If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding. We can help you find the best banks for small businesses in Stamford 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: Who Lends Money to Small Businesses in Providence, Rhode Island Getting an SBA Loan in Rhode Island
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