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May 2, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Drycleaning And Laundry Services Loan | ||||
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SBA Lenders That Lend to Matthews Business Owners
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Ups Capital Business Credit Gives SBA Loan to Drycleaning And Laundry Services CompanyNorth CarolinaBusiness loans are available to North Carolina business owners through the SBA. In this case, a Connecticut bank provides the loan. Getting a small business loan in Matthews, North Carolina was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit. Here are the details on this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: DRYCLEANING AND LAUNDRY SERVICES SBA Loan Lender UPS CAPITAL BUSINESS CREDIT Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812320 - Drycleaning and Laundry Services Loan Approval Date 9/11/2007 Loan Approval Gross Amount $449,000 Loan Approval from the SBA Of the total $449,000 loan amount, the SBA guaranteed $336,750. 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 3 employees. The loan application indicated that the loan would help generate 12 new jobs and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! 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. This SBA loan was for $449,000. How would you spend $449,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: SBA 7A Lenders in Windsor, Connecticut
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