Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Berlin, Connecticut Entrepreneurs

 

 
Loan Census SBA Loan Info

Loan to Buy Archadeck sell And Build Decks Franchise Issued By Bank Of America

Borrowing money to buy an Archadeck sell And Build Decks franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Archadeck sell And Build Decks franchise loans are available to Berlin, Connecticut entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of America, based in Providence, Rhode Island, issued an SBA franchise loan for an Archadeck sell And Build Decks franchise in 2000. We've got all the details on this Connecticut small business loan.

SBA Loan Borrower

ARCHADECK OF SOUTH CENTRAL CON
BERLIN, CT 06037

SBA Loan Lender

BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903

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

233220 - Multifamily Housing Construction

Loan Approval Date

11/8/2000

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. This loan was used to buy an Archadeck sell And Build Decks franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We can help you find the best banks for small businesses in Berlin or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Archadeck

Business Incubators

Best Providence, Rhode Island Banks for Small Business

SBA Lenders in Rhode Island