Windsor, Connecticut Bank Gives SBA Loan to Marinas Company
Find Windsor, Connecticut banks that specialize in business loans and know how to work with entrepreneurs. Ups Capital Business Credit is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in Duxbury (census Name For Duxbu, Massachusetts starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Ups Capital Business Credit. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: MARINAS
DUXBURY (CENSUS NAME FOR DUXBU, MA 02332
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
This lender provides SBA commercial 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
713930 - Marinas
Loan Approval Date
10/5/2004
Loan Approval Gross Amount
$1,323,000
Loan Approval from the SBA
Of the total $1,323,000 loan amount, the SBA guaranteed $992,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 36 employees. The SBA loan documents indicated that the loan would help generate 14 new jobs and retain 36 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
We can help you find the best banks for small businesses in Duxbury (census Name For Duxbu 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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