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

Our rates are the lowest SBA allowable rates … Current Loan Rates:

 

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

Dec 2022   6.114  25 year

                   6.037  20 year

Nov 2022  6.534  25 year

                  6.226  20 year 

 Oct 2022   6.219  25 year

                  6.134  20 year

Sept 2022  5.440  25 year

                   5.343  20 year 

Aug 2022   4.981  25 year

                   4.892  20 year 

 

 

 

 

 

 

 

 

 

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