Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Winsted, Connecticut SBA 7A Banks

 

 
Loan Census SBA Loan Info

Winsted, Connecticut Bank Lends Money to Refuse Systems Company in Torrington, Connecticut

Want to talk with a Winsted, Connecticut bank about an SBA loan? Here's one Connecticut business loan, issued by a Winsted bank, that was approved by the SBA.

Applying for an SBA loan with Northwest Community Bank worked out well for our friends at one local firm in Torrington, Connecticut. They got an SBA loan for $30,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: REFUSE SYSTEMS
TORRINGTON, CT 06098

SBA Loan Lender

NORTHWEST COMMUNITY BANK
86 MAIN ST
WINSTED, CT 06098

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4953 - Refuse Systems

NAICS Code

562211 - Hazardous Waste Treatment and Disposal

Loan Approval Date

7/31/2002

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Understanding Dilution

SBA 7A Lenders in Winsted, Connecticut

Connecticut SBA 7A Lenders