New London, Connecticut Bank Lends Money to Beer, Wine, And Liquor Stores Company in Guilford (census Name Guilford, Connecticut
Want to talk with a New London, Connecticut bank about a small business loan? Here's one Connecticut business loan, issued by a New London bank, that was approved by the SBA.
Applying for an SBA loan with Rbs Citizens worked out well for our friends at one local company in Guilford (census Name Guilford, Connecticut. They got an SBA loan for $8,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
GUILFORD (CENSUS NAME GUILFORD, CT 06437
SBA Loan Lender
RBS CITIZENS
63 EUGENE O'NEILL DR
NEW LONDON, CT 06320
This loan for a small business 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
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
4/30/2001
Loan Approval Gross Amount
$8,000
Loan Approval from the SBA
Of the total $8,000 loan amount, the SBA guaranteed $4,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help retain 3 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.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Obtaining Funding - Getting Venture Capital
Best Banks for Small Business in New London, Connecticut
SBA Lenders in Connecticut