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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Hotels And Motels Loan | ||||
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SBA 7A Banks for Killeen, Texas Small Business Owners
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Hotels and Motels Small Business LoansWith these small business loans for hotels and motels, the SBA guarantees the lender that the loan will be repaid. This hotels and motels loan for $513,100 was given to a Texas entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Killeen, Texas was able to borrow $513,100 from Ups Capital Business Credit. The SBA made the loan possible by guaranteeing $384,825 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: HOTELS AND MOTELS SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 4/17/2006 Loan Approval Gross Amount $513,100 Loan Approval from the SBA Of the total $513,100 loan amount, the SBA guaranteed $384,825. 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 only one employee. The loan application indicated that the loan would help generate 4 new jobs and retain 5 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $513,100 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Raising VC Money for Social Networking Companies SBA Banks in Windsor, Connecticut Browse All Business Loan Sources for Connecticut
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