Financing for Title Abstract and Settlement Offices
With these commercial loans for title abstract and settlement offices, the SBA guarantees the lender that the loan will be repaid. This title abstract and settlement offices loan for $323,000 was given to a Florida entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Naples, Florida was able to borrow $323,000 from Ups Capital Business Credit. The SBA made the loan possible by guaranteeing $242,250 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: TITLE ABSTRACT AND SETTLEMENT OFFICES
NAPLES, FL 34116
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
541191 - Title Abstract and Settlement Offices
Loan Approval Date
11/9/2006
Loan Approval Gross Amount
$323,000
Loan Approval from the SBA
Of the total $323,000 loan amount, the SBA guaranteed $242,250.
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 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
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.
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