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May 2, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Beauty Salons Loan | ||||
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Get a Business Loan in Albuquerque, New Mexico
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Albuquerque, New Mexico Entrepreneur Gets a Bank LoanNew MexicoSBA loans are available to New Mexico entrepreneurs through the SBA. In this case, a Connecticut bank provides the loan. By giving the right information to Ups Capital Business Credit, this Albuquerque, New Mexico business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS 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 812112 - Beauty Salons Loan Approval Date 3/28/2007 Loan Approval Gross Amount $1,464,000 Loan Approval from the SBA Of the total $1,464,000 loan amount, the SBA guaranteed $1,098,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 69 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. If you need emergency business money, 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: Getting a Business Loan in Connecticut
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