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November 21, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Carbon Black Loan | ||||
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Examples of N. Providence SBA Loans
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Carbon Black Manufacturing Commercial LoansLooking for commercial loans for carbon black manufacturing? Talk to a banker who works with the SBA. This $275,000 carbon black manufacturing loan was issued by a Connecticut bank. This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ups Capital Business Credit, out of Windsor, Connecticut. The loan was granted and they received $275,000 to help grow their N. Providence, Rhode Island business. SBA Loan Borrower COMPANY TYPE: CARBON BLACK SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2895 - Carbon Black NAICS Code 325182 - Carbon Black Manufacturing Loan Approval Date 6/21/2001 Loan Approval Gross Amount $275,000 Loan Approval from the SBA Of the total $275,000 loan amount, the SBA guaranteed $206,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We've showcased information on this loan to let you know that businesses like yours 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: Find an SBA Lender in Windsor, Connecticut
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