Stamford, Connecticut Bank Lends Money to Lawyers Company in Westport, Connecticut

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

Applying for an SBA loan with First County Bank worked out well for our friends at one local firm in Westport, Connecticut. The business was able to get an SBA loan for $450,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: LAWYERS
WESTPORT, CT 06880

SBA Loan Lender

FIRST COUNTY BANK
117 PROSPECT ST
STAMFORD, CT 06901

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541110 - Lawyers

Loan Approval Date

7/17/2007

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

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 documents indicated that the loan would help generate 2 new jobs.

Start the Process for Getting an SBA Loan Today!

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First County Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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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