# Palmer's Electric Motors & Pumps, Inc., NORWALK CT: $650,000 SBA 7(a) loan approved 2026-08-11

**Fresh Capital Score:** 50/100

| Field | Value |
|---|---|
| Business | Palmer's Electric Motors & Pumps, Inc. |
| Location | NORWALK, CT, 06855 |
| County | WESTERN CT |
| Program | SBA 7(a) |
| Gross approval | $650,000 |
| SBA guaranteed | $487,500 |
| Approved | 2026-08-11 |
| Lender | Connecticut Community Bank, National Association |
| Term (months) | 120 |
| Industry | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance |
| NAICS | 811310 |
| Business type | CORPORATION |
| Business age | Existing or more than 2 years old |
| Jobs supported | 5 |

## Why this score
- Approval of $500K or more.
- Approved within 90 days of the latest SBA release.

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.