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May 10, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Danbury, Business Loans > Union Savings Bank Danbury Business Loans > Legal Services Loan | ||||
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How to Get SBA Loans in Woodbury, Connecticut
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Where to Get Capital for Legal ServicesLooking for small business loans for legal services? Try the SBA. This $20,000 legal services loan was issued by a Connecticut bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Woodbury, Connecticut was able to borrow $20,000 from Union Savings Bank. The SBA made the loan possible by guaranteeing $17,000 of this Connecticut small business loan. SBA Loan Borrower COMPANY TYPE: LEGAL SERVICES SBA Loan Lender UNION SAVINGS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541199 - Legal Services Loan Approval Date 7/21/2005 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $17,000. 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 4 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Determining Proper Capital Structure for a Business Best Danbury, Connecticut Banks for Small Business Where to Get an SBA Loan Connecticut
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