Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Examples of Hamden SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Child and Youth Services

Looking for SBA loans for child and youth services? Talk to a banker who works with the SBA. This $77,000 child and youth services loan was issued by a Connecticut bank.

Getting a small business loan in Hamden, Connecticut was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of New Haven, Connecticut. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: SOCIAL SERVICES
HAMDEN, CT 06514

SBA Loan Lender

RBS CITIZENS
157 CHURCH ST
NEW HAVEN, CT 06510

This loan was provided by a banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8399 - Social Services

NAICS Code

624110 - Child and Youth Services

Loan Approval Date

5/3/2002

Loan Approval Gross Amount

$77,000

Loan Approval from the SBA

Of the total $77,000 loan amount, the SBA guaranteed $65,450.

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 only one employee. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $77,000 loan. Remember, fight for what you want, and it will be yours!

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:

Banking Deregulation's Effects on Entrepreneurship

Who Lends Money to Small Businesses in New Haven, Connecticut

Connecticut SBA 7A Banks