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

Old Lyme, Connecticut Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Management Consulting Services

Looking for small business loans for management consulting services? Talk to a banker who works with the SBA. This $100,000 management consulting services loan was issued by a Connecticut bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Essex Savings Bank, out of Essex, Connecticut. The loan was granted and they received $100,000 to help grow their Old Lyme, Connecticut business.

SBA Loan Borrower

COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
OLD LYME, CT 06371

SBA Loan Lender

ESSEX SAVINGS BANK
35 PLAINS RD
ESSEX, CT 06426

This SBA 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

541618 - Management Consulting Services

Loan Approval Date

2/25/2004

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. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 35 employees. The SBA loan documents indicated that the loan would help generate 31 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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 Business Credit Cards

Banks in Essex, Connecticut

Getting an SBA Loan in Connecticut