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May 6, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Linen Supply Loan | ||||
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We Needed an SBA 7A Loan in Roswell, Georgia and We Got One!
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Financing for Linen SupplyWith these commercial loans for linen supply, the SBA guarantees the lender that the loan will be repaid. This linen supply loan for $1,020,000 was given to a Georgia entrepreneur in 2006. This business knew how to go about getting a business bank loan. Based in Roswell, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Ups Capital Business Credit, based in Windsor, Connecticut. SBA Loan Borrower COMPANY TYPE: LINEN SUPPLY SBA Loan Lender UPS CAPITAL BUSINESS CREDIT As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812331 - Linen Supply Loan Approval Date 10/25/2006 Loan Approval Gross Amount $1,020,000 Loan Approval from the SBA Of the total $1,020,000 loan amount, the SBA guaranteed $765,000. 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 15 employees. The SBA loan documents indicated that the loan would help retain 15 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Find an SBA Lender in Connecticut
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