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May 6, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Thomaston, Business Loans > Thomaston Savings Bank Thomaston Business Loans > Supermarkets And Grocery Stores Loan | ||||
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Watertown SBA Loans
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Connecticut Small Business Loan Issued to Supermarkets And Grocery Stores CompanyBusiness loans in Connecticut are hard to find these days. We take a look at one Connecticut business loan, provided by a Connecticut bank, that was approved by the SBA. Getting a small business loan in Watertown, Connecticut was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Thomaston Savings Bank. Here are the details on this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: SUPERMARKETS AND GROCERY STORES SBA Loan Lender THOMASTON SAVINGS BANK This lender processed this SBA 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 445110 - Supermarkets and Grocery Stores Loan Approval Date 10/15/2004 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 35 employees. The loan application indicated that the loan would help retain 35 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. We've showcased information on this loan to let you know that businesses like yours 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: Banking Deregulation's Effects on Entrepreneurship Good Banks for Small Business in Thomaston, Connecticut
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