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April 18, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Ridgefield, Business Loans > Fairfield County Bank Corp Ridgefield Business Loans > Special Trade Contractors Loan | ||||
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I Need an SBA 7A Loan in Norwalk, Connecticut
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Raising Money for Special Trade ContractorsLooking for business loans for special trade contractors? The SBA may be the answer. This $100,000 special trade contractors 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 2005. The lending bank was Fairfield County Bank Corp, based in Ridgefield, Connecticut. SBA Loan Borrower COMPANY TYPE: SPECIAL TRADE CONTRACTORS SBA Loan Lender FAIRFIELD COUNTY BANK CORP This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 235990 - Special Trade Contractors Loan Approval Date 1/28/2005 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 10 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 1 existing job. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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: Raising VC Money for Social Networking Companies Where to Get an SBA Loan in Ridgefield, Connecticut Browse All Business Loan Sources for Connecticut
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