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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Semiconductor And Related Device Manufacturing Loan | ||||
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Small Business Banks for Hayward Entrepreneurs
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Where to Get Capital for Semiconductor and Related Device ManufacturingLooking for small business loans for semiconductor and related device manufacturing? The SBA may be the answer. This $1,000,000 semiconductor and related device manufacturing loan was issued by a Connecticut bank. This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Ups Capital Business Credit, out of Windsor, Connecticut. The loan was granted and they received $1,000,000 to help grow their Hayward, California business. SBA Loan Borrower COMPANY TYPE: SEMICONDUCTOR AND RELATED DEVICE MANUFACTURING SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This lender provides SBA guaranteed business 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 334413 - Semiconductor and Related Device Manufacturing Loan Approval Date 3/22/2002 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. 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. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 26 existing jobs. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Where to Get an SBA Loan in Windsor, Connecticut
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