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November 15, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Hartford, Business Loans > Business Lenders, LLC Hartford Business Loans > Screw Machine Products Loan | ||||
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Examples of West Haven SBA Loans
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Small Business Loans for Precision Turned Product ManufacturingLooking for small business loans for precision turned product manufacturing? Try the SBA. This $680,000 precision turned product manufacturing loan was issued by a Connecticut bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Haven, Connecticut was able to borrow $680,000 from Business Lenders, LLC. The SBA made the loan possible by guaranteeing $410,998 of this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: SCREW MACHINE PRODUCTS SBA Loan Lender BUSINESS LENDERS, LLC This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3451 - Screw Machine Products NAICS Code 332721 - Precision Turned Product Manufacturing Loan Approval Date 3/9/2000 Loan Approval Gross Amount $680,000 Loan Approval from the SBA Of the total $680,000 loan amount, the SBA guaranteed $410,998. 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 15 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 15 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Business Lenders, LLC so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Hartford, Connecticut
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