Support Activities for Road Transportation Loans
Looking for loans for support activities for road transportation? Talk to a banker who works with the SBA. This $1,965,000 support activities for road transportation loan was issued by a Connecticut bank.
This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Ups Capital Business Credit, out of Windsor, Connecticut. The loan was granted and they received $1,965,000 to help grow their Port Wentworth, Georgia business.
SBA Loan Borrower
COMPANY TYPE: SUPPORT ACTIVITIES FOR ROAD TRANSPORTATION
PORT WENTWORTH, GA 31407
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
488490 - Support Activities for Road Transportation
Loan Approval Date
1/12/2007
Loan Approval Gross Amount
$1,965,000
Loan Approval from the SBA
Of the total $1,965,000 loan amount, the SBA guaranteed $1,473,750.
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 2 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
While you may be able to find business people willing to loan money, 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:
Choosing VC Firms
SBA 7A Banks in Windsor, Connecticut
Getting an SBA Loan in Connecticut