Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Winsted, Connecticut Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Borrowing Money for Toy and Hobby Goods and Supplies Wholesalers

Looking for bank loans for toy and hobby goods and supplies wholesalers? Talk to a banker who works with the SBA. This $30,000 toy and hobby goods and supplies wholesalers loan was issued by a Connecticut bank.

Getting a small business loan in Winsted, Connecticut was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Northwest Community Bank, operating out of Winsted, Connecticut. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: TOYS AND HOBBY GOODS AND SUPPLIES
WINSTED, CT 06098

SBA Loan Lender

NORTHWEST COMMUNITY BANK
86 MAIN ST
WINSTED, CT 06098

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5092 - Toys and Hobby Goods and Supplies

NAICS Code

421920 - Toy and Hobby Goods and Supplies Wholesalers

Loan Approval Date

10/11/2000

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $24,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The loan application did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $30,000. How would you spend $30,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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