Ups Capital Business Credit SBA Loan to Paper, Coated And Laminated Packaging Company
Looking to get a Missouri business loan? Here's one Missouri business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in St. Louis, Missouri, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Ups Capital Business Credit, based in Windsor, Connecticut.
SBA Loan Borrower
COMPANY TYPE: PAPER, COATED AND LAMINATED PACKAGING
ST. LOUIS, MO 63130
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 debt financing was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2671 - Paper, Coated and Laminated Packaging
Loan Approval Date
8/31/2000
Loan Approval Gross Amount
$215,000
Loan Approval from the SBA
Of the total $215,000 loan amount, the SBA guaranteed $161,250.
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 24 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Small Business Loan
SBA Banks in Windsor, Connecticut
SBA Lenders in Connecticut