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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Clinton, Business Loans > Unity Bank Clinton Business Loans > Full-Service Restaurants Loan | ||||
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New Jersey SBA 7A Lenders
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Entrepreneur Works With Clinton, New Jersey Bank to Get an SBA LoanThinking about meeting with a Clinton, New Jersey bank about an SBA loan? Here's one Connecticut business loan, issued by a Clinton bank, that was approved by the SBA. Applying for an SBA loan with Unity Bank worked out well for our friends at one local firm in Torrington, Connecticut. The business was able to get an SBA loan for $550,000. Nice! SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender UNITY BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722110 - Full-Service Restaurants Loan Approval Date 4/1/2005 Loan Approval Gross Amount $550,000 Loan Approval from the SBA Of the total $550,000 loan amount, the SBA guaranteed $412,500. 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 20 employees. The SBA loan documents indicated that the loan would help retain 20 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. We can help you find the best banks for small businesses in Torrington 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: Best Banks in Clinton, New Jersey
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