Commercial Loans for Specialty Trade Contractors

Looking for commercial loans for specialty trade contractors? An SBA loan may be just what you've been looking for. This $150,000 specialty trade contractors loan was issued by a Connecticut bank.

This small business 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 $150,000 to help grow their Essex (census Name For Essex C, Connecticut business.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
ESSEX (CENSUS NAME FOR ESSEX C, CT 06426

SBA Loan Lender

ESSEX SAVINGS BANK
35 PLAINS RD
ESSEX, CT 06426

This 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

238990 - Specialty Trade Contractors

Loan Approval Date

8/3/2004

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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 12 new jobs and retain 16 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $150,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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