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May 6, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > New London, Business Loans > Rbs Citizens New London Business Loans > Cut Stone And Stone Product Manufacturing Loan | ||||
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New London Lenders
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New London, Connecticut Bank Lends Money to Cut Stone And Stone Product Manufacturing Company in Madison (census Name For Madis, ConnecticutWant to talk with a New London, Connecticut bank about a 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 business in Madison (census Name For Madis, Connecticut. They got an SBA loan for $30,000. Sweet! SBA Loan Borrower COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING SBA Loan Lender RBS CITIZENS The lender provided this commercial 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 327991 - Cut Stone and Stone Product Manufacturing Loan Approval Date 8/26/2003 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application 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. We can help you find the best banks for small businesses in Madison (census Name For Madis 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: Borrowing Money from Friends and Family Best Banks for Small Business in New London, Connecticut Find an SBA Lender in Connecticut
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