Getting an SBA Loan for Wood Product Manufacturing
Looking for business loans for wood product manufacturing? An SBA loan may be just what you've been looking for. This $575,000 wood product manufacturing loan was issued by a Connecticut bank.
This business knew how to go about getting a business bank loan. Based in Syracuse, New York, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Ups Capital Business Credit, based in Windsor, Connecticut.
SBA Loan Borrower
COMPANY TYPE: WOOD PRODUCT MANUFACTURING
SYRACUSE, NY 13206
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
321999 - Wood Product Manufacturing
Loan Approval Date
3/27/2001
Loan Approval Gross Amount
$575,000
Loan Approval from the SBA
Of the total $575,000 loan amount, the SBA guaranteed $431,250.
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 8 employees. The loan application indicated that the loan would help generate 1 new job and retain 8 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in Syracuse or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The Art of Bootstrapping
Best Windsor, Connecticut Banks for Small Business
SBA Lenders in Connecticut