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April 27, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Men's And Boys' Clothing And Furnishing Wholesalers Loan | ||||
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Raising Money in New York, New York With SBA Loans
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Commercial Loans for Men's and Boys' Clothing and Furnishing WholesalersWith these commercial loans for men's and boys' clothing and furnishing wholesalers, the SBA guarantees the lender that the loan will be repaid. This men's and boys' clothing and furnishing wholesalers loan for $350,000 was given to a New York entrepreneur in 2001. This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ups Capital Business Credit, out of Windsor, Connecticut. The loan was granted and they received $350,000 to help grow their New York, New York business. SBA Loan Borrower COMPANY TYPE: MEN'S AND BOYS' CLOTHING AND FURNISHING WHOLESALERS SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422320 - Men's and Boys' Clothing and Furnishing Wholesalers Loan Approval Date 6/15/2001 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. 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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 5 existing jobs. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $350,000 loan. Remember, things become real when you believe you can achieve them! 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: Realistic Debt Financing Options Where to Get an SBA Loan in Windsor, Connecticut
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