Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

New Milford (census Name For N, Connecticut Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Commercial Screen Printing Small Business Loans

With these small business loans for commercial screen printing, the SBA guarantees the lender that the loan will be repaid. This commercial screen printing loan for $128,000 was given to a Connecticut entrepreneur in 2002.

This company knew how to go about getting a business bank loan. Based in New Milford (census Name For N, Connecticut, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Webster Bank, based in New Milford, Connecticut.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL SCREEN PRINTING
NEW MILFORD (CENSUS NAME FOR N, CT 06776

SBA Loan Lender

WEBSTER BANK
19 MAIN ST
NEW MILFORD, CT 06776

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323113 - Commercial Screen Printing

Loan Approval Date

3/21/2002

Loan Approval Gross Amount

$128,000

Loan Approval from the SBA

Of the total $128,000 loan amount, the SBA guaranteed $108,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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