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May 6, 2024  
 
 
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We Needed a Commercial Loan in Higganum, Connecticut and We Got One!

 

 
Loan Census SBA Loan Info

Bank Loans for Plumbing and Heating Equipment and Supplies Merchant Wholesaler

Looking for bank loans for plumbing and heating equipment and supplies merchant wholesaler? The SBA may be the answer. This $15,000 plumbing and heating equipment and supplies merchant wholesaler loan was issued by a Connecticut bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Rbs Citizens, out of New London, Connecticut. The loan was granted and they received $15,000 to help grow their Higganum, Connecticut business.

SBA Loan Borrower

COMPANY TYPE: PLUMBING AND HEATING EQUIPMENT AND SUPPLIES MERCHANT WHOLESALER
HIGGANUM, CT 06441

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

423720 - Plumbing and Heating Equipment and Supplies Merchant Wholesaler

Loan Approval Date

9/3/2003

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

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

This SBA loan was for $15,000. How would you spend $15,000 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.

Related Links:

Business Cash Advances

SBA Banks in New London, Connecticut

SBA Lenders in Connecticut