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April 19, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Waterbury, Business Loans > Webster Bank Waterbury Business Loans > Direct Mail Advertising Loan | ||||
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Waterbury Bank Loan
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Waterbury, Connecticut Bank Gives SBA Loan to Direct Mail Advertising CompanyThinking about meeting with a Waterbury, Connecticut bank about a small business loan? Here's one Connecticut business loan, issued by a Waterbury bank, that was approved by the SBA. Applying for an SBA loan with Webster Bank worked out well for our friends at one local business in New Britain, Connecticut. They got an SBA loan for $150,000. Awesome! SBA Loan Borrower COMPANY TYPE: DIRECT MAIL ADVERTISING SBA Loan Lender WEBSTER BANK This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 541860 - Direct Mail Advertising Loan Approval Date 8/15/2006 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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 15 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This SBA loan was for $150,000. How would you spend $150,000 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: Accountant's Role in Securing Financing Small Business Banks in Waterbury, Connecticut
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