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May 2, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Meat And Meat Product Merchant Wholesalers Loan | ||||
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Banks Doing SBA Loans in Connecticut
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Windsor, Connecticut Lender Lends Money to Meat And Meat Product Merchant Wholesalers CompanyThinking about meeting with a Windsor, Connecticut bank about a business loan? Here's one Florida 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 Hialeah, Florida. They received an SBA loan for $795,000. Great job! SBA Loan Borrower COMPANY TYPE: MEAT AND MEAT PRODUCT MERCHANT WHOLESALERS 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 424470 - Meat and Meat Product Merchant Wholesalers Loan Approval Date 7/3/2006 Loan Approval Gross Amount $795,000 Loan Approval from the SBA Of the total $795,000 loan amount, the SBA guaranteed $596,250. 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 2 employees. The SBA loan documents indicated that the loan would help generate 26 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Accountant's Role in Securing Financing SBA Participating Banks in Windsor, Connecticut Where to Get an SBA Loan Connecticut
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