SBA Loan from Ups Capital Business Credit Helps Child Day Care Services Company
Ups Capital Business Credit has a track record as a leading provider of SBA loans. Find out how this Connecticut entrepreneur received an SBA loan from them.
Getting a small business loan in Monroe (stepney), Connecticut was an essential business goal for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Windsor, Connecticut. Here are the details on this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: CHILD DAY CARE SERVICES
MONROE (STEPNEY), CT 06468
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
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
624410 - Child Day Care Services
Loan Approval Date
6/22/2001
Loan Approval Gross Amount
$205,000
Loan Approval from the SBA
Of the total $205,000 loan amount, the SBA guaranteed $153,750.
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 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Equity Financing
SBA 7A Lenders in Windsor, Connecticut
Connecticut SBA 7A Banks