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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Waterbury, Business Loans > Webster Bank Waterbury Business Loans > Advertising Material Distribution Services Loan | ||||
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Webster Bank
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Webster Bank SBA Loan to Advertising Material Distribution Services CompanyWebster Bank has a track record as a leading provider of SBA loans. Find out how this Connecticut entrepreneur received an SBA loan from them. This small firm knew how to go about getting a business bank loan. Based in Stamford, Connecticut, they applied for and received an SBA-guaranteed loan in 2006. The lending bank was Webster Bank, based in Waterbury, Connecticut. SBA Loan Borrower COMPANY TYPE: ADVERTISING MATERIAL DISTRIBUTION SERVICES SBA Loan Lender WEBSTER BANK 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 541870 - Advertising Material Distribution Services Loan Approval Date 4/16/2006 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $125,000. 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 17 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 17 existing jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: SBA Participating Banks in Waterbury, Connecticut Browse All Business Loan Sources for Connecticut
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