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May 16, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Heating Oil Dealers Loan | ||||
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Get an SBA Loan from Ups Capital Business Credit
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Ups Capital Business Credit SBA Loan to Heating Oil Dealers CompanyAn SBA loan from Ups Capital Business Credit typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Winthrop, Massachusetts business owner got a $300,000 loan. This small firm knew how to go about getting a business bank loan. Based in Winthrop, Massachusetts, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Ups Capital Business Credit, based in Windsor, Connecticut. SBA Loan Borrower COMPANY TYPE: HEATING OIL DEALERS SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454311 - Heating Oil Dealers Loan Approval Date 12/18/2001 Loan Approval Gross Amount $300,000 Loan Approval from the SBA Of the total $300,000 loan amount, the SBA guaranteed $225,000. 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 6 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 7 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in Winthrop or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 SBA Banks in Windsor, Connecticut Where to Get an SBA Loan Connecticut
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