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April 18, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Stamford, Business Loans > First County Bank Stamford Business Loans > Fine Arts Schools Loan | ||||
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How to Get SBA Loans in Norwalk, Connecticut
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Fine Arts Schools Commercial LoansLooking for commercial loans for fine arts schools? Talk to a banker who works with the SBA. This $40,000 fine arts schools loan was issued by a Connecticut bank. This small business knew how to go about getting a business bank loan. Based in Norwalk, Connecticut, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First County Bank, based in Stamford, Connecticut. SBA Loan Borrower COMPANY TYPE: FINE ARTS SCHOOLS SBA Loan Lender FIRST COUNTY BANK This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 611610 - Fine Arts Schools Loan Approval Date 3/8/2004 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $20,000. 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 SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs. Next Steps for Getting an SBA Loan Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Find an SBA Lender in Stamford, Connecticut
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