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SBA Lenders Connecticut

 

 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Hartford, Connecticut Lender Lends Money to Petland Austin

Get SBA loans from a Hartford, Connecticut bank that knows how to treat small business owners right! If Petland Austin can get a loan, there's no reason you can't do it too.

Business Lenders, LLC is a Hartford, Connecticut small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Petland Austin a Texas company.

SBA Loan Borrower

PETLAND AUSTIN
9900 S IH-35
AUSTIN, TX 78748

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453910 - Pet and Pet Supplies Stores

Loan Approval Date

11/2/2007

Loan Approval Gross Amount

$829,500

Loan Approval from the SBA

Of the total $829,500 loan amount, the SBA guaranteed $622,125.

More Information on This SBA Loan

The borrower, Petland Austin, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. This SBA loan request indicated that the loan would help generate 23 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. If a firm like Petland Austin is able to get a $829,500 loan, why not give getting an SBA loan of your own a try?

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Determining Proper Capital Structure for a Business

Best Banks for Small Business in Hartford, Connecticut

SBA Connecticut Banks

 

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