Suffield, Connecticut Lender Lends Money to Quick Printing Company

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

Applying for an SBA loan with 1st National Bank - Suffield worked out well for our friends at one local firm in Windsor Locks, Connecticut. The business was able to get an SBA loan for $110,000. Nice!

SBA Loan Borrower

COMPANY TYPE: QUICK PRINTING
WINDSOR LOCKS, CT 06096

SBA Loan Lender

1ST NATIONAL BANK - SUFFIELD
30 BRIDGE ST
SUFFIELD, CT 06078

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

10/21/2004

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

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. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We can help you find the best banks for small businesses in Windsor Locks or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

SBIR Funding

Banks in Suffield, Connecticut

Connecticut SBA Bank Lenders