Entrepreneur Works With Windsor, Connecticut Bank to Get an SBA Loan
A Windsor, Connecticut business loan can be yours. Learn how a business got a $945,000 business loan from this Connecticut bank.
This loan to a local firm is a good example of an SBA loan. Ups Capital Business Credit made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: FLOORING CONTRACTORS
Canoga Park, CA 91304
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
238330 - Flooring Contractors
Loan Approval Date
8/22/2007
Loan Approval Gross Amount
$945,000
Loan Approval from the SBA
Of the total $945,000 loan amount, the SBA guaranteed $708,750.
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 18 employees. This SBA loan request indicated that the loan would help retain 18 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $945,000. How would you spend $945,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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