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May 2, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Sawmills And Planing Mills, General Loan | ||||
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Connecticut SBA Banks
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Windsor, Connecticut Bank Gives SBA Loan to Sawmills And Planing Mills, General CompanyWant to talk with a Windsor, Connecticut bank about an SBA loan? Here's one Connecticut business loan, issued by a Windsor bank, that was approved by the SBA. Applying for an SBA loan with Ups Capital Business Credit worked out well for our friends at one local business in Canaan, Connecticut. They got an SBA loan for $954,000. Awesome! SBA Loan Borrower COMPANY TYPE: SAWMILLS AND PLANING MILLS, GENERAL SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan applications to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2421 - Sawmills and Planing Mills, General NAICS Code 321999 - Wood Product Manufacturing Loan Approval Date 6/28/2001 Loan Approval Gross Amount $954,000 Loan Approval from the SBA Of the total $954,000 loan amount, the SBA guaranteed $715,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 18 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. If you need to find money for a 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: Small Bank Loans in Windsor, Connecticut
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