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

Mar 2020   2.881  25 year

                  2.808  20 year 

 Feb 2020  3.463   25 year

                   3.392  20 year 

  Jan 2020  3.714  25 year

                   3.644 20 year

Dec 2019  3.582  20 year

                   3.643  25 year

Nov 2019  3.742 20 year 

                     3.80  25 year

   

  

  

 

 

 

 

 

 

 

 

 

 

 

 

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