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May 4, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Windsor, Business Loans > Ups Capital Business Credit Windsor Business Loans > Nonferrous Rolling, Drawing And Extruding Loan | ||||
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SBA 7A Banks in Florida
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Nonferrous Metal Rolling, Drawing, and Extruding SBA LoansWith these SBA loans for nonferrous metal rolling, drawing, and extruding, the SBA guarantees the lender that the loan will be repaid. This nonferrous metal rolling, drawing, and extruding loan for $245,000 was given to a Florida entrepreneur in 2001. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hialeah, Florida was able to borrow $245,000 from Ups Capital Business Credit. The SBA made the loan possible by guaranteeing $183,750 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: NONFERROUS ROLLING, DRAWING AND EXTRUDING SBA Loan Lender UPS CAPITAL BUSINESS CREDIT The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide bank loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3356 - Nonferrous Rolling, Drawing and Extruding NAICS Code 331491 - Nonferrous Metal Rolling, Drawing, and Extruding Loan Approval Date 5/16/2001 Loan Approval Gross Amount $245,000 Loan Approval from the SBA Of the total $245,000 loan amount, the SBA guaranteed $183,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The loan application did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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: Dealing With Venture Capitalists SBA Approved Banks in Windsor, Connecticut Getting a Business Loan in Connecticut
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