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May 4, 2024 |
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| Home > Small Business Lenders by State > Rhode Island Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Machine Tools, Metal Cutting Types Loan | ||||
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Windsor Bank Loan
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Windsor, Connecticut Bank Gives SBA Loan to Machine Tools, Metal Cutting Types CompanyA Windsor, Connecticut business loan can be yours. Learn how one firm got a $1,000,000 business loan from this Connecticut bank. This loan to a local firm is a good example of an SBA loan. Ups Capital Business Credit made the loan and the SBA guaranteed a portion of the loan. Many other Rhode Island entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: MACHINE TOOLS, METAL CUTTING TYPES SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This business loan was provided by a lender with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loan requests to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3541 - Machine Tools, Metal Cutting Types NAICS Code 333512 - Machine Tool Manufacturing Loan Approval Date 6/30/2000 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 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 36 employees. This SBA loan request did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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: Accountant's Role in Securing Financing Where to Get an SBA Loan in Windsor, Connecticut Getting an SBA Loan in Connecticut
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