Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

SBA Lenders for Grand Rapids Franchise Buyers

 

 
Loan Census SBA Loan Info

Ups Capital Business Credit Provides SBA Loan to Buy Paul Davis Restoration Franchise

Borrowing money to buy a Paul Davis Restoration franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

Paul Davis Restoration franchise loans are available to Grand Rapids, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Ups Capital Business Credit, based in Windsor, Connecticut, issued an SBA franchise loan for a Paul Davis Restoration franchise in 2006. We've got all the details on this Michigan small business loan.

SBA Loan Borrower

WES ENTERPRISES CO, LLC
GRAND RAPIDS, MI 49503

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

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

236118 - Residential Remodelers

Loan Approval Date

2/24/2006

Loan Approval Gross Amount

$291,000

Loan Approval from the SBA

Of the total $291,000 loan amount, the SBA guaranteed $218,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Paul Davis Restoration franchise. At the time of the loan, the company had 7 employees. The loan application indicated that the loan would help retain 7 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Ups Capital Business Credit and they will explain how you can get an SBA loan for your company.

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:

Paul Davis Restoration

Obtaining Funding - Getting Venture Capital

Who Lends Money to Small Businesses in Windsor, Connecticut

Connecticut SBA 7A Lenders