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May 3, 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 > Narrow Fabric And Other Smallwares Mills Loan | ||||
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Banks in Windsor, Connecticut That Make SBA Loans
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Windsor, Connecticut Bank Lends Money to Narrow Fabric And Other Smallwares Mills Company in Rumford, Rhode IslandA Windsor, Connecticut SBA loan can be yours. Learn how a business got a $425,000 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: NARROW FABRIC AND OTHER SMALLWARES MILLS SBA Loan Lender UPS CAPITAL BUSINESS CREDIT The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2241 - Narrow Fabric and Other Smallwares Mills NAICS Code 313221 - Narrow Fabric Mills Loan Approval Date 12/21/2005 Loan Approval Gross Amount $425,000 Loan Approval from the SBA Of the total $425,000 loan amount, the SBA guaranteed $318,750. 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 35 employees. This SBA loan request did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Ups Capital Business Credit had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Ups Capital Business Credit made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers. The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail. 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: Small Bank Loans in Windsor, Connecticut Getting an SBA Loan in Connecticut
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