Borrowing Money for Certified Public Accountants

Looking for loans for certified public accountants? Try the SBA. This $50,000 certified public accountants loan was issued by a Connecticut bank.

Getting a small business loan in Wethersfield (town Of), Connecticut was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Salisbury Bank & Trust Company, operating out of Lakeville, Connecticut. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
WETHERSFIELD (TOWN OF), CT 06129

SBA Loan Lender

SALISBURY BANK & TRUST COMPANY
5 BISSELL ST
LAKEVILLE, CT 06039

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

541211 - Certified Public Accountants

Loan Approval Date

12/30/2004

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Wethersfield (town Of) CT, you ought to talk with a local Wethersfield (town Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wethersfield (town Of) businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Salisbury Bank & Trust Company 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.

Related Links:

Determining Proper Capital Structure for a Business

SBA Participating Banks in Lakeville, Connecticut

Connecticut SBA 7A Lenders