Bedford (town Of), MA Entrepreneur Gets SBA Loan to Buy Melting Pot Franchise

Need money to purchase a Melting Pot franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

Melting Pot franchise loans are available to Bedford (town Of), Massachusetts entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ups Capital Business Credit, based in Windsor, Connecticut, issued an SBA franchise loan for a Melting Pot franchise in 2006. We've got all the details on this Massachusetts small business loan.

SBA Loan Borrower

THE MELTING POT
BEDFORD (TOWN OF), MA 01730

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722110 - Full-Service Restaurants

Loan Approval Date

5/8/2006

Loan Approval Gross Amount

$950,000

Loan Approval from the SBA

Of the total $950,000 loan amount, the SBA guaranteed $712,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Melting Pot franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 31 new jobs and retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are raising money in Bedford (town Of) MA, you ought to talk with a local Bedford (town Of) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bedford (town Of) businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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SBA Participating Banks in Windsor, Connecticut

SBA Lenders in Connecticut