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April 23, 2024  
 
 
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Connecticut Bank & Trust

 

 
Loan Census SBA Loan Info

SBA Loan from Connecticut Bank & Trust Helps Lawyers Company

An SBA loan from Connecticut Bank & Trust typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Glastonbury, Connecticut business owner got a $250,000 loan.

Getting a small business loan in Glastonbury, Connecticut was an essential business goal for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Connecticut Bank & Trust, operating out of Hartford, Connecticut. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: LAWYERS
GLASTONBURY, CT 06033

SBA Loan Lender

CONNECTICUT BANK & TRUST
58 STATE HOUSE SQ
HARTFORD, CT 06103

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541110 - Lawyers

Loan Approval Date

4/3/2007

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Glastonbury CT, you ought to talk with a local Glastonbury SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Glastonbury businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $250,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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