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May 9, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Reston, Business Loans > Ups Capital Business Credit Reston Business Loans > Measuring And Controlling Devices Loan | ||||
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SBA Lender Reston, Virginia
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Reston, Virginia Bank Gives SBA Loan to Measuring And Controlling Devices CompanyGet SBA loans from a Reston, Virginia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. Ups Capital Business Credit is a Reston, Virginia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Tennessee company. SBA Loan Borrower COMPANY TYPE: MEASURING AND CONTROLLING DEVICES SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3829 - Measuring and Controlling Devices Loan Approval Date 8/7/2000 Loan Approval Gross Amount $125,000 Loan Approval from the SBA Of the total $125,000 loan amount, the SBA guaranteed $93,750. 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 25 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. If you need emergency money for small businesses, 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: Best Banks for Small Business in Reston, Virginia
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