New Haven, Connecticut Bank Lends Money to Women's And Girls' Suit, Coat, Tailored Jacket, And Skirt Manufacturing Company in East Hartford (town Of), Connecticut

Get to know New Haven, Connecticut banks that specialize in SBA loans and know how to work with entrepreneurs. Newalliance Bank is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in East Hartford (town Of), Connecticut starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Newalliance Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: WOMEN'S AND GIRLS' SUIT, COAT, TAILORED JACKET, AND SKIRT MANUFACTURING
EAST HARTFORD (TOWN OF), CT 06108

SBA Loan Lender

NEWALLIANCE BANK
195 CHURCH ST
NEW HAVEN, CT 06510

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

315234 - Women's and Girls' Suit, Coat, Tailored Jacket, and Skirt Manufacturing

Loan Approval Date

5/15/2007

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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