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November 15, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Furniture Stores Loan | ||||
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Raising Money in Fredericksburg, Virginia With SBA Loans
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Furniture Stores Commercial LoansLooking for commercial loans for furniture stores? Talk to a banker who works with the SBA. This $310,000 furniture stores loan was issued by a Connecticut bank. This business knew how to go about getting a business bank loan. Based in Fredericksburg, Virginia, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Ups Capital Business Credit, based in Windsor, Connecticut. SBA Loan Borrower COMPANY TYPE: FURNITURE STORES 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. SIC Code 5712 - Furniture Stores NAICS Code 442110 - Furniture Stores Loan Approval Date 3/27/2000 Loan Approval Gross Amount $310,000 Loan Approval from the SBA Of the total $310,000 loan amount, the SBA guaranteed $232,500. 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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $310,000 loan. Remember, if it to be, it is up to me! 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: Who Lends Money to Small Businesses in Windsor, Connecticut
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