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

Connecticut Bank SBA Loans

 

 
Loan Census SBA Loan Info

Thomaston Savings Bank SBA Loan to Automotive Parts And Accessories Stores Company

Thomaston Savings 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 business knew how to go about getting a business bank loan. Based in Watertown, Connecticut, they applied for and received an SBA-guaranteed loan in 2004. The lending bank was Thomaston Savings Bank, based in Thomaston, Connecticut.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE PARTS AND ACCESSORIES STORES
WATERTOWN, CT 06795

SBA Loan Lender

THOMASTON SAVINGS BANK
203 MAIN ST
THOMASTON, CT 06787

This 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

441310 - Automotive Parts and Accessories Stores

Loan Approval Date

3/15/2004

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $30,000.

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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Thomaston Savings Bank and they will explain how you can get an SBA loan for your company.

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:

How Equity Dilution Works

SBA 7A Banks in Thomaston, Connecticut

Connecticut SBA Bank Lenders