Wethersfield, Connecticut Bank Lends Money to Solid Waste Collection Company in Torrington, Connecticut

Thinking about meeting with a Wethersfield, Connecticut bank about a small business loan? Here's one Connecticut business loan, issued by a Wethersfield bank, that was approved by the SBA.

Applying for an SBA loan with Connecticut River Commun Bk worked out well for our friends at one local company in Torrington, Connecticut. The business was able to get an SBA loan for $10,000. Great job!

SBA Loan Borrower

COMPANY TYPE: SOLID WASTE COLLECTION
TORRINGTON, CT 06790

SBA Loan Lender

CONNECTICUT RIVER COMMUN BK
1190 SILAS DEANE HWY
WETHERSFIELD, CT 06109

This commercial 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.

NAICS Code

562111 - Solid Waste Collection

Loan Approval Date

6/15/2007

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 only one employee. The loan application indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Connecticut River Commun Bk that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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