Pressed and Blown Glass and Glassware Manufacturing Small Business Loans

With these small business loans for pressed and blown glass and glassware manufacturing, the SBA guarantees the lender that the loan will be repaid. This pressed and blown glass and glassware manufacturing loan for $650,000 was given to a Vermont entrepreneur in 2001.

Getting a small business loan in Bennington, Vermont was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Springfield, Massachusetts. Here are the details on this Vermont small business loan.

SBA Loan Borrower

COMPANY TYPE: PRESSED AND BLOWN GLASS AND GLASSWARE MANUFACTURING
BENNINGTON, VT 05201

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
ONE MONARCH PL
SPRINGFIELD, MA 01144

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327212 - Pressed and Blown Glass and Glassware Manufacturing

Loan Approval Date

7/27/2001

Loan Approval Gross Amount

$650,000

Loan Approval from the SBA

Of the total $650,000 loan amount, the SBA guaranteed $487,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 17 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $650,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

Related Links:

Business Line of Credit

SBA 7A Banks in Springfield, Massachusetts

SBA Massachusetts Lenders