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May 3, 2024 |
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| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Bituminous Coal And Lignite Surface Mining Loan | ||||
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I Need a Business Loan in Kylertown, Pennsylvania
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Getting an SBA Loan for Bituminous Coal and Lignite Surface MiningLooking for business loans for bituminous coal and lignite surface mining? An SBA loan may be just what you've been looking for. This $1,250,000 bituminous coal and lignite surface mining loan was issued by a Connecticut bank. Getting a small business loan in Kylertown, Pennsylvania was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Windsor, Connecticut. Here are the details on this Pennsylvania small business loan. SBA Loan Borrower COMPANY TYPE: BITUMINOUS COAL AND LIGNITE SURFACE MINING SBA Loan Lender UPS CAPITAL BUSINESS CREDIT When it made this small business loan, this bank was part of the SBA's Certified Lenders Program (CLP). This program is designed to provide quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 1221 - Bituminous Coal and Lignite Surface Mining NAICS Code 212111 - Bituminous Coal and Lignite Surface Mining Loan Approval Date 7/26/2000 Loan Approval Gross Amount $1,250,000 Loan Approval from the SBA Of the total $1,250,000 loan amount, the SBA guaranteed $750,000. 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 96 employees. The SBA loan documents did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! Don't forget. To get an SBA loan, you must 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. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Ups Capital Business Credit are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you. 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: Role of Business Plan When Raising Money Small Business Banks in Windsor, Connecticut
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