Fort Myers, FL Entrepreneur Gets SBA Loan to Buy Signs By Tomorrow Franchise
Need a loan to buy a Signs By Tomorrow franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in Fort Myers, Florida needed money to invest in a Signs By Tomorrow franchise back in 2005. Ups Capital Business Credit issued an SBA franchise loan. Here are the details on this Florida small business loan.
SBA Loan Borrower
SIGNS BY TOMORROW
FORT MYERS, FL 33912
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339950 - Sign Manufacturing
Loan Approval Date
4/6/2005
Loan Approval Gross Amount
$268,600
Loan Approval from the SBA
Of the total $268,600 loan amount, the SBA guaranteed $201,450.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Signs By Tomorrow franchise. At the time of the loan, the company
had 8 employees. The loan application indicated that the loan would help retain 8 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
This SBA loan was for $268,600. How would you spend $268,600 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:
Signs By Tomorrow
Role of Business Plan When Raising Money
SBA Approved Banks in Windsor, Connecticut
Getting an SBA Loan in Connecticut