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April 28, 2024  
 
 
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Loan Census SBA Loan Info

Raising Money for Fresh and Frozen Seafood Processing

Looking for business loans for fresh and frozen seafood processing? The SBA may be the answer. This $873,300 fresh and frozen seafood processing loan was issued by a Connecticut bank.

This small business knew how to go about getting a business bank loan. Based in Albany, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Business Lenders, LLC, based in Hartford, Connecticut.

SBA Loan Borrower

COMPANY TYPE: PREPARED FRESH OR FROZEN FISH AND SEAFOODS
ALBANY, GA 31707

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2092 - Prepared Fresh or Frozen Fish and Seafoods

NAICS Code

311712 - Fresh and Frozen Seafood Processing

Loan Approval Date

11/8/2000

Loan Approval Gross Amount

$873,300

Loan Approval from the SBA

Of the total $873,300 loan amount, the SBA guaranteed $654,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 29 employees. This SBA loan request did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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 Albany 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:

Bank Credit Lines

SBA Approved Banks in Hartford, Connecticut

Where to Get an SBA Loan Connecticut