Site Preparation Contractors Bank Loans
Looking for bank loans for site preparation contractors? Try the SBA. This $1,645,000 site preparation contractors loan was issued by a Connecticut bank.
Getting a small business loan in Rocklin, California was important for this growing firm back in 2006 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 California small business loan.
SBA Loan Borrower
COMPANY TYPE: SITE PREPARATION CONTRACTORS
ROCKLIN, CA 95765
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
238910 - Site Preparation Contractors
Loan Approval Date
3/15/2006
Loan Approval Gross Amount
$1,645,000
Loan Approval from the SBA
Of the total $1,645,000 loan amount, the SBA guaranteed $1,233,750.
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 22 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 22 existing jobs.
Next Steps for Getting an SBA Loan
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.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
SBIR Funding
Banks in Windsor, Connecticut
Browse All Business Loan Sources for Connecticut