Raising Money for Support Services

With these business loans for support services, the SBA guarantees the lender that the loan will be repaid. This support services loan for $150,000 was given to a Connecticut entrepreneur in 2005.

Getting a small business loan in West Haven, Connecticut was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from First County Bank, operating out of Stamford, Connecticut. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: SUPPORT SERVICES
WEST HAVEN, CT 06516

SBA Loan Lender

FIRST COUNTY BANK
117 PROSPECT ST
STAMFORD, CT 06901

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

561990 - Support Services

Loan Approval Date

2/3/2005

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 19 employees. The SBA loan documents indicated that the loan would help generate 16 new jobs and retain 19 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in West Haven CT, you ought to talk with a local West Haven SBA lender or talk with an out-of-area SBA lender that has previously loaned money to West Haven businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $150,000 loan. Remember, anyone can do it... so why not you?

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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