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November 14, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Toy And Hobby Goods And Supplies Merchant Wholesalers Loan | ||||
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Ups Capital Business Credit
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Findlay, Ohio Business Gets SBA-Guaranteed Funding from Ups Capital Business CreditUps Capital Business Credit is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Ohio entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Findlay, Ohio was able to borrow $622,000 from Ups Capital Business Credit. The SBA made the loan possible by guaranteeing $466,500 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: TOY AND HOBBY GOODS AND SUPPLIES MERCHANT WHOLESALERS SBA Loan Lender UPS CAPITAL BUSINESS CREDIT 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 423920 - Toy and Hobby Goods and Supplies Merchant Wholesalers Loan Approval Date 3/15/2007 Loan Approval Gross Amount $622,000 Loan Approval from the SBA Of the total $622,000 loan amount, the SBA guaranteed $466,500. 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 22 employees. The loan application indicated that the loan would help retain 12 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $622,000. How would you spend $622,000 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. Related Links: SBA Participating Banks in Windsor, Connecticut Where to Get an SBA Loan Connecticut
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