Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Banks Doing SBA Loans in Connecticut

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Danbury, Connecticut Bank to Get an SBA Loan

Thinking about meeting with a Danbury, Connecticut bank about a small business loan? Here's one Connecticut business loan, issued by a Danbury bank, that was approved by the SBA.

Applying for an SBA loan with Savings Bank Of Danbury worked out well for our friends at one local firm in New Milford (census Name For N, Connecticut. The business was able to get an SBA loan for $20,000. Great job!

SBA Loan Borrower

COMPANY TYPE: CHEMICAL AND ALLIED PRODUCTS WHOLESALERS
NEW MILFORD (CENSUS NAME FOR N, CT 06776

SBA Loan Lender

SAVINGS BANK OF DANBURY
220 MAIN ST
DANBURY, CT 06810

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

422690 - Chemical and Allied Products Wholesalers

Loan Approval Date

4/3/2006

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

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

Great, But How Can I Get an SBA Loan for My Business?

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

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Savings Bank Of Danbury and they will explain how you can get an SBA loan for your company.

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 From a Venture Capitalist

SBA Participating Banks in Danbury, Connecticut

SBA Lenders in Connecticut