Windsor, Connecticut Bank Gives SBA Loan to Broadwoven Fabric Mills, Wool (inc Dyeing And Fini Company

Thinking about meeting with a Windsor, Connecticut bank about a small business loan? Here's one California business loan, issued by a Windsor bank, that was approved by the SBA.

Applying for an SBA loan with Ups Capital Business Credit worked out well for our friends at one local firm in Chino, California. The business was able to get an SBA loan for $1,000,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: BROADWOVEN FABRIC MILLS, WOOL (INC DYEING AND FINI
CHINO, CA 91710

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.

SIC Code

2231 - Broadwoven Fabric Mills, Wool (Inc Dyeing and Fini

NAICS Code

313210 - Broadwoven Fabric Mills

Loan Approval Date

6/30/2000

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

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 2401 employees. The loan application indicated that the loan would help retain 240 existing jobs.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ups Capital Business Credit and they will explain how you can get an SBA loan for your company.

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:

Debt Financing

Small Bank Loans in Windsor, Connecticut

Where to Get an SBA Loan Connecticut