Entrepreneur Works With Windsor, Connecticut Bank to Get an SBA Loan
Get small business loans from a Windsor, Connecticut bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
Ups Capital Business Credit is a Windsor, Connecticut small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Rhode Island company.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCTS
SMITHFIELD, RI 02917
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3499 - Fabricated Metal Products
NAICS Code
332710 - Machine Shops
Loan Approval Date
6/19/2001
Loan Approval Gross Amount
$505,000
Loan Approval from the SBA
Of the total $505,000 loan amount, the SBA guaranteed $378,750.
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 12 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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