Business Loan from Ups Capital Business Credit Given to Commercial And Industrial Machinery And Equipment Company

An SBA loan from Ups Capital Business Credit typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Buckeye, Arizona business owner got a $678,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Buckeye, Arizona was able to borrow $678,000 from Ups Capital Business Credit. The SBA made the loan possible by guaranteeing $508,500 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT
BUCKEYE, AZ 85326

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

811310 - Commercial and Industrial Machinery and Equipment

Loan Approval Date

8/10/2006

Loan Approval Gross Amount

$678,000

Loan Approval from the SBA

Of the total $678,000 loan amount, the SBA guaranteed $508,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Buckeye AZ, you ought to talk with a local Buckeye SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Buckeye businesses.

We can help you find the best banks for small businesses in Buckeye or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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