Windsor, Connecticut Lender Lends Money to Gasoline Stations With Convenience Stores Company
Want to talk with a Windsor, Connecticut bank about a business loan? Here's one Michigan 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 Detroit, Michigan. They received an SBA loan for $457,000. Way to go!
SBA Loan Borrower
COMPANY TYPE: GASOLINE STATIONS WITH CONVENIENCE STORES
DETROIT, MI 48212
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
447110 - Gasoline Stations with Convenience Stores
Loan Approval Date
5/22/2006
Loan Approval Gross Amount
$457,000
Loan Approval from the SBA
Of the total $457,000 loan amount, the SBA guaranteed $342,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Ups Capital Business Credit that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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 Cash Advances
SBA Participating Banks in Windsor, Connecticut
Connecticut SBA 7A Lenders