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.

Learn more..

 

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

Learn more..

Current Loan Rates

 

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

Aug 2020  2.269 25 year

                  2.214  20 year 

July 2020  2.410  25 year

                  2.346  20 year

 June 2020  2.602 25 year

                    2.528  20 year 

 May 2020  2.761  25 year

                   2.668  20 year

April 2020  3.032  25 year

                  2.960  20 year

Mar 2020   2.881  25 year

                  2.808  20 year 

 

  

   

  

  

 

 

 

 

 

 

 

 

 

 

 

 

Home – About Us – Testimonials & Recent Transactions – SBA 504 Loan Benefits – Project Information – Contact Us

View Our Disclaimer and Privacy Statement

Housatonic Industrial Development Corp. • 57 North Street, Suite 407 • Danbury CT 06810
Copyright © 2019 – All rights reserved

Site Design and Hosted by Rev Design, Inc.