Loan Census Banking News and Information
April 29, 2024  
 
 
  Business Loan Information  
 

Banks in Hartford, Connecticut That Make SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Hartford, Connecticut Bank to Get an SBA Loan

Want to talk with a Hartford, Connecticut bank about a small business loan? Here's one Ohio business loan, issued by a Hartford bank, that was approved by the SBA.

Applying for an SBA loan with Business Lenders, LLC worked out well for our friends at one local firm in Mount Vernon, Ohio. The business was able to get an SBA loan for $415,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: PET AND PET SUPPLIES STORES
MOUNT VERNON, OH 43050

SBA Loan Lender

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

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

453910 - Pet and Pet Supplies Stores

Loan Approval Date

5/9/2007

Loan Approval Gross Amount

$415,000

Loan Approval from the SBA

Of the total $415,000 loan amount, the SBA guaranteed $311,250.

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 10 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 7 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Business Lenders, LLC and they will explain how you can get an SBA loan for your company.

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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SBA Banks in Hartford, Connecticut

Connecticut SBA Banks