About HIDC

Housatonic Industrial Development Corp. (HIDC) mission is to help Connecticut’s small businesses grow, create or retain jobs and achieve economic development goals within the state.

For more than 45 years, HIDC has been a leading resource to Connecticut’s small businesses through the creation and administration of long-term fixed rate financing.

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SBA 504 Loan Program

 HIDC would be pleased to accept speaking arrangements to provide additional  information to your business organization.

 The SBA 504 Loan Program works with lenders to provide up to 90% long- term, fixed-rate financing for small-to-medium sized businesses that retain and/or create employment opportunities.

 

  • Eligible Businesses
  • Use Of Loan Proceeds
  • Program Benefits
  • Loan Terms And Conditions

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  Current Loan Rates

 

Below are the 20 and 25 year effective rates for HIDC assisted loans previously funded.

  Dec 2019  3.582  20 year

                    3.643  25 year

Nov 2019  3.742 20 year 

                     3.80  25 year

   Oct 2019   3.46    20 year

                    3.540  25 year

 Sept 2019   3.35    20 year

                     3.458   25 year

   Aug 2019  3.531  20 year

                     3.63    25 year

   July 2019   3.914   20 year

                     4.011   25 year

 

 

 

 

 

 

 

 

 

 

 

 

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Housatonic Industrial Development Corp. • 57 North Street, Suite 407 • Danbury CT 06810
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