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May 2, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Power And Communication Line And Related Structures Construction Loan | ||||
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Connecticut Bank SBA Loans
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Windsor, Connecticut Lender Lends Money to Power And Communication Line And Related Structures Construction CompanyGet to know Windsor, Connecticut banks that specialize in small business loans and know how to work with entrepreneurs. Ups Capital Business Credit is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Albuquerque, New Mexico starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Ups Capital Business Credit. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: POWER AND COMMUNICATION LINE AND RELATED STRUCTURES CONSTRUCTION SBA Loan Lender UPS CAPITAL BUSINESS CREDIT This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 237130 - Power and Communication Line and Related Structures Construction Loan Approval Date 6/28/2005 Loan Approval Gross Amount $841,700 Loan Approval from the SBA Of the total $841,700 loan amount, the SBA guaranteed $631,275. 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 50 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 50 existing jobs. Getting an SBA Loan For Your Business Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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: Best Windsor, Connecticut Banks for Small Business
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