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April 19, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > New Milford, Business Loans > Webster Bank New Milford Business Loans > Physicians Loan | ||||
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Webster Bank Business Loans
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Where to Get Capital for PhysiciansWith these small business loans for physicians, the SBA guarantees the lender that the loan will be repaid. This physicians loan for $260,600 was given to a Connecticut entrepreneur in 2004. This small firm knew how to go about getting a business bank loan. Based in Newtown, Connecticut, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Webster Bank, based in New Milford, Connecticut. SBA Loan Borrower COMPANY TYPE: PHYSICIANS SBA Loan Lender WEBSTER BANK 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 621111 - Physicians Loan Approval Date 7/20/2004 Loan Approval Gross Amount $260,600 Loan Approval from the SBA Of the total $260,600 loan amount, the SBA guaranteed $195,450. 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 retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. 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 Webster Bank 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. Related Links: Small Bank Loans in New Milford, Connecticut
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