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May 11, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Providence, Business Loans > Bank Of America Providence Business Loans > Temporary Help Services Loan | ||||
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Examples of East Hartland SBA Loans
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Business Loans for Temporary Help ServicesLooking for business loans for temporary help services? Try the SBA. This $150,000 temporary help services loan was issued by a Rhode Island bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in East Hartland, Connecticut was able to borrow $150,000 from Bank Of America. The SBA made the loan possible by guaranteeing $75,000 of this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: TEMPORARY HELP SERVICES SBA Loan Lender BANK OF AMERICA The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 561320 - Temporary Help Services Loan Approval Date 4/2/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower indicated that the loan would help generate 18 new jobs and retain 18 existing jobs. Getting an SBA Loan For Your Business If you are working on finding money to start a business in East Hartland CT, you ought to talk with a local East Hartland SBA lender or talk with an out-of-area SBA lender that has previously loaned money to East Hartland businesses. 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: Realistic Debt Financing Options Small Bank Loans in Providence, Rhode Island
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