Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Wethersfield (town Of), Connecticut and We Got One!

 

 
Loan Census SBA Loan Info

Convenience Stores Loans

Looking for loans for convenience stores? An SBA loan may be just what you've been looking for. This $20,000 convenience stores loan was issued by a Pennsylvania bank.

Getting a small business loan in Wethersfield (town Of), Connecticut was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Sovereign Bank, operating out of Wyomissing, Pennsylvania. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: CONVENIENCE STORES
WETHERSFIELD (TOWN OF), CT 06109

SBA Loan Lender

SOVEREIGN BANK
1130 BERKSHIRE BLVD
WYOMISSING, PA 19610

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

445120 - Convenience Stores

Loan Approval Date

10/14/2004

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company 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.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

504 Loans

Good Banks for Small Business in Wyomissing, Pennsylvania

SBA Lenders in Pennsylvania