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May 3, 2024 |
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| Home > Small Business Lenders by State > Virginia Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Sheet Metal Work Loan | ||||
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Windsor, Connecticut SBA Banks
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Entrepreneur Works With Windsor, Connecticut Bank to Get an SBA LoanThinking about meeting with a Windsor, Connecticut bank about a business loan? Here's one Virginia 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 company in Newport News, Virginia. They got an SBA loan for $785,000. Sweet! SBA Loan Borrower COMPANY TYPE: SHEET METAL WORK 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. SIC Code 3444 - Sheet Metal Work Loan Approval Date 6/22/2000 Loan Approval Gross Amount $785,000 Loan Approval from the SBA Of the total $785,000 loan amount, the SBA guaranteed $588,750. 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 28 employees. This SBA loan request indicated that the loan would help retain 28 existing jobs. Getting an SBA Loan For Your Business If you are raising money in Newport News VA, you ought to talk with a local Newport News SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Newport News businesses. We've showcased information on this loan to let you know that businesses like yours 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: The Friends and Family Network Small Business Banks in Windsor, Connecticut
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