 |
 |
April 25, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Rockville, Business Loans > Rockville Bank Rockville Business Loans > Commercial And Industrial Machinery And Equipment Rental And Leasing Loan | ||||
 |
||||
South Windsor, Connecticut Bank for SBA Loans
|
||||
 |
Commercial and Industrial Machinery and Equipment Rental and Leasing LoansLooking for loans for commercial and industrial machinery and equipment rental and leasing? An SBA loan may be just what you've been looking for. This $200,000 commercial and industrial machinery and equipment rental and leasing loan was issued by a Connecticut bank. This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Rockville Bank, out of Rockville, Connecticut. The loan was granted and they received $200,000 to help grow their South Windsor, Connecticut business. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT RENTAL AND LEASING SBA Loan Lender ROCKVILLE BANK This SBA loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA delivers a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 532490 - Commercial and Industrial Machinery and Equipment Rental and Leasing Loan Approval Date 12/18/2003 Loan Approval Gross Amount $200,000 Loan Approval from the SBA Of the total $200,000 loan amount, the SBA guaranteed $150,000. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. This SBA loan request did not indicate that the company planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Rockville Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify! 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: Role of Business Plan When Raising Money Find an SBA Lender in Rockville, Connecticut Browse All Business Loan Sources for Connecticut
|
|
||
|
||||
|
|
||||