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November 22, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Commercial Printing Loan | ||||
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Wayne, Michigan Bank Loan
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Commercial Printing Business LoansLooking for business loans for commercial printing? Try the SBA. This $247,000 commercial printing loan was issued by a Connecticut bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wayne, Michigan was able to borrow $247,000 from Ups Capital Business Credit. The SBA made the loan possible by guaranteeing $185,250 of this Michigan small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender UPS CAPITAL BUSINESS CREDIT 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 323119 - Commercial Printing Loan Approval Date 11/21/2007 Loan Approval Gross Amount $247,000 Loan Approval from the SBA Of the total $247,000 loan amount, the SBA guaranteed $185,250. 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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Ups Capital Business Credit so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Obtaining Funding From a Venture Capitalist Best Windsor, Connecticut Banks for Small Business Browse All Business Loan Sources for Connecticut
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