Borrowing Money for Electronic Connector Manufacturing

With these loans for electronic connector manufacturing, the SBA guarantees the lender that the loan will be repaid. This electronic connector manufacturing loan for $900,000 was given to a New Hampshire entrepreneur in 2004.

Getting a small business loan in Hudson, New Hampshire was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Providence, Rhode Island. Here are the details on this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: ELECTRONIC CONNECTOR MANUFACTURING
HUDSON, NH 03060

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
55 DORRANCE ST
PROVIDENCE, RI 02903

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334417 - Electronic Connector Manufacturing

Loan Approval Date

10/18/2004

Loan Approval Gross Amount

$900,000

Loan Approval from the SBA

Of the total $900,000 loan amount, the SBA guaranteed $528,300.

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 54 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

We can help you find the best banks for small businesses in Hudson 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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