Ups Capital Business Credit Provides SBA Loan to Buy Super 8 Motel Franchise
Borrowing money to buy a Super 8 Motel franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Super 8 Motel franchise? If so, here's a 2005 SBA franchise loan that you should know about. Ups Capital Business Credit was the lender and the entrepreneur was based in Superior, Wisconsin.
SBA Loan Borrower
SUPER 8-SUPERIOR
SUPERIOR, WI 54880
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
721110 - Hotels and Motels
Loan Approval Date
7/18/2005
Loan Approval Gross Amount
$946,000
Loan Approval from the SBA
Of the total $946,000 loan amount, the SBA guaranteed $709,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Super 8 Motel franchise. At the time of the loan, the company
had 15 employees. The loan application indicated that the loan would help retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Superior WI, you ought to talk with a local Superior SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Superior businesses.
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.
Related Links:
Super 8 Motels, Inc.
Financing Your Business
SBA Participating Banks in Windsor, Connecticut
SBA Participating Banks in Connecticut